A banks loan officer rates applicants for credit

Reference no: EM1317548

To find the P60 score

A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deflation of 50. Find P60, the score which separates the lower 60% from the top 40%.

A. 211.3

B. 207.8

C. 212.5

D. 187.5

E. None of the above is correct.

Reference no: EM1317548

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