Solve the problem. Before a new phone system was installed, the amount a company spent on personal calls followed a normal distribution with an average of $400 per month and a standard deviation of...


Solve the problem.


Before a new phone system was installed, the amount a company spent on personal calls followed a normal distribution with an average of $400 per month and a standard deviation of $50 per month. Refer to such expenses as PCE's (personal call expenses). Find the point in the distribution above 4.5%.
 Round your answer to nearest hundredth



Jun 07, 2022
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