Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

(c) Estimate the percentage of customer accounts for which the number of days is between 12 and 42.(Choose one)of the customer accounts have payment made between 12 and 42 days.

Sagot :

According to the 68, 95, 99.7 rule, 99.7% of the data is in the range:

(μ - 3σ, μ + 3σ)

where μ is the mean, and σ is the standard deviation

In this case, μ = 27 and σ = 5. Then, this range is:

(27 - 3x5, 27 + 3x5)

(12 , 42)

99.7 % of the customer accounts have payment made between 12 and 42 days.