A Major Credit Card Company Has Determined That Its Customers

question 124

Short Answer

A major credit card company has determined that its customers charge an average of $280 per month on their accounts with a standard deviation of $20.
a.What percentage of the customers charges more than $275 per month?
b.What percentage of the customers charges less than $243 per month?
c.What percentage of the customers charges between $241 and $301.60 per month?

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Definitions:

Counter-Revenge

Actions or strategies designed to neutralize or respond to acts of revenge, aiming to de-escalate a conflict.

Revenge

A form of retaliation against someone for wrongs perceived by the avenger.

Making Amends

The act of trying to correct wrongs one has committed, often involving apologies and actions to repair harm.

Effective Apology

An apology that acknowledges wrongdoing, expresses regret, and takes responsibility for one's actions, aiming to repair harm and rebuild trust.