Question 349:
A bank has determined that the monthly balances of savings accounts of its customers are normaly distributed with an average balance of $1200 and standard deviation of $250. What proportions of the customers have monthly balances less than $1000?If you need help with the concepts covered in this question (like z-scores and the normal-curve) you can download a visual and easy to understand Crash Course in Z-scores and an Excel Calculator which will do everything you need to do with z-scores.