Based on research conducted by the government on people aged 25 to 34 years, on average, people in that age group spend $1,994 of their annual income on entertainment. Assume that the data are...

Based on research conducted by the government on people aged 25 to 34 years, on average, people in that age group spend $1,994 of their annual income on entertainment. Assume that the data are normally distributed with a standard deviation of $450. What percentage of the population in this age group spends less than $1,000 per year for entertainment?

Jun 03, 2022
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