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Probability that the average debt of two recent college

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1: Last year, the typical college student graduated with $25,800 in debt (The Boston Globe, May 27, 2012). Let debt among recent college graduates be normally distributed with a standard deviation of $5,000..

a. What is the probability that the average debt of two recent college graduates is more than $28,000?

b. What is the probability that the average debt of two recent college graduates is more than $33,000?

Reference no: EM131468979

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