The amounts (in thousands of dollars) of loans funded at Lending Club in September 2014 are described
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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 of the loan amounts. What does it mean in this situation?
c. Estimate the percentile of a $8.3 thousand loan. What does it mean in this situation?
d. Estimate the largest loan.
e. Estimate the IQR. What does it mean in this situation?
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...
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a The distribution is skewed right The smallest 25 of the observations are less sp...View the full answer
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