Average credit card balance


According to experian, the population of consumer credit card holders carries an average credit card balance of $5500 with a standard deviation of $750. You plan to draw a random sample of 625 credit card holders from the population.

What is the probability that the average credit card balance for the sample will be somewhere between $5,450 and $5550?

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Basic Statistics: Average credit card balance
Reference No:- TGS0720004

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