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Probability values using normal distribution. The time needed to complete a final examination in the particular college course is normally distributed with a mean of 80 minutes and the standard deviation of 10 minutes. Please answer the following questions.
a) What is the probability that a student would complete the exam in more than 60 minutes but less than 75 minutes?
b) Assume that the class has 60 students and that the examination period is 90 minutes in length. How many students do you expect will be unable to complete the exam in the allotted time?
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Key Refining decided to send a special financing plan to charge account customers having the highest 10 percent of the money charges. What is the dividing point between customers who receive the special plan and those who do not.
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