Multiple Choice
Find and Interpret the Area under a Normal Curve
-A new phone system was installed last year to help reduce the expense of personal calls that were being made by employees. Before the new system was installed, the amount being spent on personal calls follows a normal distribution with an average of $700 per month and a standard deviation of $50 per month. Refer to such expenses as PCE s (personal call expenses) . Find the probability that a randomly selected month had a PCE that falls below $550.
A) 0.0013
B) 0.7857
C) 0.2143
D) 0.9987
Correct Answer:

Verified
Correct Answer:
Verified
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