Normal Distribution
Related Topics
Typically users of credit cards don’t pay on time. The number of days a payment is made past the due date is normal with mean 2.5 days and standard deviation 0.30 days.
According to the empirical rule,
a) what percent of users pay more than 3.1 days late? (write % in 2 decimal places)
b) what percent of users pay between 1.6 and 2.8 days late?