Determine the credit score values

Reference no: EM1318081

Determine the credit score values:

The credit score of a 35 year old applying for a mortgage at Ulysses Mortgage Associates is normally distributed with a mean of 600 and a standard deviation of 100.

(a) Find out the credit score that defines the upper 5 percent. (Round the answer to 4 decimal places.)

(b) Seventy-five percent of the customers will have a credit score higher than what value? (Round the answer to 4 decimal places.)

Reference no: EM1318081

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