Question: 30. Refer to Exercise 24, where the amount requested for home loans followed the normal distribution with a mean of $70 000 and a standard

30. Refer to Exercise 24, where the amount requested for home loans followed the normal distribution with a mean of $70 000 and a standard deviation of $20 000.

a. What is the minimum amount requested on the largest 3% of loans?

b. What is the maximum amount requested on the smallest 10% of loans?

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