- Access to
**800,000+**Textbook Solutions - Ask any question from
**24/7**available

Tutors **Live Video**Consultation with Tutors**50,000+**Answers by Tutors

Last year the typical college student graduated with 27 200 in

Last year, the typical college student graduated with $27,200 in debt (The Boston Globe, May 27, 2012). Let debt among recent college graduates be normally distributed with a standard deviation of $7,000.

a. What is the probability that the average debt of four recent college graduates is more than $25,000?

b. What is the probability that the average debt of four recent college graduates is more than $30,000?

a. What is the probability that the average debt of four recent college graduates is more than $25,000?

b. What is the probability that the average debt of four recent college graduates is more than $30,000?

Membership
TRY NOW

- Access to
**800,000+**Textbook Solutions - Ask any question from
**24/7**available

Tutors **Live Video**Consultation with Tutors**50,000+**Answers by Tutors

Relevant Tutors available to help