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What is the probability that his spending

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The average spending on credit cards of a bank is Rs 7,000 with a standard deviation of Rs 2,000. Assume credit card spending has Normal distribution. A credit holder is selected at random.

(a) What is the probability that his spending is less than Rs 9,000? Use Z value and show all calculations.

(b) What is the probability that his spending is between Rs 6,000 and Rs 8,000? Use Z value and show all calculations.

Reference no: EM132992269

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