The amounts of money requested on home loan applications at Down River Federal Savings follow the normal

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The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $70 000 and a standard deviation of $20 000. A loan application is received this morning. What is the probability:

a. The amount requested is $80 000 or more?

b. The amount requested is between $65 000 and $80 000?

c. The amount requested is $65 000 or more?

Related Book For answer-question

John E Freunds Mathematical Statistics with Applications

ISBN: 978-0134995373

8th edition

Authors: Irwin Miller, Marylees Miller

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Posted Date: Nov 25, 2018 11:28 PM

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The amounts of money requested on home loan applications at Down River Federal Savings follow the normal

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a We first convert to a zscore z 80000 70000 20000 05 Now w... View the full answer

John E Freunds Mathematical Statistics with Applications

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