Solved: Monthly Spending for Paging and Messaging Services

Chapter 6, Problem 6

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Monthly Spending for Paging and Messaging Services The average individual monthly spending in the United States for paging and messaging services is $10.15. If the standard deviation is $2.45 and the amounts are normally distributed, what is the probability that a randomly selected user of these services pays more than $15.00 per month? Between $12.00 and $14.00 per month? (62) 0.0239; 0.1654 Source: New York Times Almanac.

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