At the website Lending Club, customers can either borrow money or fund money for others loans. When

Question:

At the website Lending Club®, customers can either borrow money or fund money for others€™ loans. When someone applies for a loan, Lending Club grades the potential loan from A to G, where A means the potential loan has very low risk and G means it has very high risk. A loan with grade A will have a much lower interest rate than a loan with grade G. The interest rates of loans funded at Lending Club in September 2014 are described by the boxplot in Fig. 103.

a. Given that the distribution is unimodal, determine whether it is skewed left, symmetric, or skewed right. What does this mean in this situation?
b. Estimate the 75th percentile. What does it mean in this situation?
c. Estimate the percentile of a 10.2% interest rate. What does it mean in this situation?
d. There are 186 outliers. Estimate the largest one.
e. C loans and D loans have interest rates between 12.29% and 17.86%. Is the percentage of C loans together with D loans probably less than, equal to, or greater than 25%?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...