Find probabilities that the senior owes a given value

Reference no: EM13132974

The average credit card debt for college seniors is $3,262. If the debt is normally distributed with a standard deviation of $400, find these probabilities.

a) that the senior owes at least $1,000

b) that the senior owes more than $4,000

c) that the senior owes between $3,000 and $4,000

Reference no: EM13132974

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