Asked by Stacy
Let's say that your average monthly charge is normally distributed with a mean of $500 and a standard deviation of $100. The credit card company will call anytime your purchases for the month exceed the 99th percentile. What is the dollar amount beyond which you will get a call from the credit card company?
Answers
Answered by
Damon
http://davidmlane.com/hyperstat/z_table.html
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