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-   -   Who can answer this first? (https://www.askmehelpdesk.com/showthread.php?t=533670)

  • Dec 11, 2010, 06:25 AM
    jer_yo
    Who can answer this first?
    Data indicate that the age of fines (i.e. number of days until paid) is normally distributed with a mean of 28 days and a standard deviation of 8 days.
    a. Reminder letters will be sent to the oldest 15% of fines. How many days should a fine be outstanding before a reminder is sent?
    b. The admin will give a discount to those fines paid by the 21st day. What percent will receive a discount?
  • Dec 11, 2010, 07:51 AM
    Curlyben
    Thank you for taking the time to copy your homework to AMHD.
    Please refer to this announcement: https://www.askmehelpdesk.com/financ...-b-u-font.html
  • Dec 11, 2010, 08:56 AM
    galactus

    Use

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