Discussion Post: Quantitative Analysis
Historical data show that customers who download music from a popular Web service spend approximately $21 per month, with a standard deviation of $3. Assume the spending follows the normal probability distribution. Find the probability that a customer will spend at least $17 per month. How much (or more) do the top 11% of customers spend? What is the probability that a customer will spend at least $17 per month?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.