Administrators at the national headquarters of the center for the display of visual arts are authorized to
Question:
Administrators at the national headquarters of the center for the display of visual arts are authorized to make small work-related purchases using purchasing cards. The average amount administrators charge to their cards per month is $278 with a standard deviation of 33 dollars. The data are normally distributed. The auditing staff at the center is concerned with the spending patterns of an administrator who has averaged $349 per month in charges.
What percentage of balances is between $278 and $349 per month?
What percentage of balances exceeds $349 per month?
Should the auditing staff be concerned about the spending habits of this particular administrator?
Applied Statistics for Public and Nonprofit Administration
ISBN: 978-1285737232
9th edition
Authors: Kenneth J. Meier, Jeffrey L. Brudney, John Bohte