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In: Statistics and Probability

The average income tax refund for the 2019 tax year was $3,333. Assume the refund per...

The average income tax refund for the 2019 tax year was $3,333. Assume the refund per person follows the normal probability distribution with a standard deviation of $943. Complete part a) through c) below.

a) What is the probability that a randomly selected tax return refund will be more than $2,345?

b) What is the probability that a randomly selected tax return refund will be between $1,300 and $2,500?

c) What refund amount represents the 40th percentile of tax returns?

can you please show all work and steps, thank you

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orchestra answered 2 years ago
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