document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1000224>Question 1000224</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The average credit card debt for college seniors is $4250. If the debt is normally distributed with a standard deviation of $1200, find the probability that a senior owes less than $5000. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #617703 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=617703\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> z value for less than 5000 is (x-mean)/sd<BR>\n" );
document.write( "z(5000)=750/1200=0.625<BR>\n" );
document.write( "What is the probability z <0.625<BR>\n" );
document.write( "0.7340. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );