The credit scores of 35 year olds applying for a mortgage at Ulysses Mortgage Associates are normally
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Question:
The credit scores of 35 year olds applying for a mortgage at Ulysses Mortgage Associates are normally distributed, with a mean of 600 and a standard deviation of 100.
a) Find the credit score that defines the upper 5 percent (round to the final 2 decimal places)
b) Seventy-five percent of the customers will have a credit score higher than what value? (round to the final 2 decimal places)
Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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