Question: Executives at PayPal are considering different strategies for dealing with customers that exceed their credit limit, and have asked the analyst to collect more data

Executives at PayPal are considering different strategies for dealing with customers that exceed their credit limit, and have asked the analyst to collect more data before they make any policy changes.The analyst decides to engage in repeated sampling by conducting surveys in each of the 50 US states.Each sample will consist of 100 PayPal customers.

What is the probability that the average amount by which Massachusetts PayPal customers have exceeded their credit limit for a given month is less than $1360?

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