The amounts of money requested on home loan applications at Down River Federal Savings follow the normal
Question:
The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $70000 and a standard deviation of $20000. A loan application is received this morning. What is the probability that:
a. The amount requested is $80000 or more?
b. The amount requested is between $65 000 and $80000?
c. The amount requested is $65000 or more?
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a 03085 found by z 80000 7000020000 050 The area is 01915 Then ...View the full answer
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Related Book For 
Basic Statistics For Business & Economics
ISBN: 9781259268939
6th Canadian Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite
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