The average credit card debt for college seniors is $3262. If the debt is normally distributed with a standard deviation of $1100, find the probability that the senior owes more than $4000.
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The average credit card debt for college seniors is $3,262. If the debt is normally distributed with a standard deviation of $1,100, 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.
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