Determine the probability on rating

Assignment Help Mathematics
Reference no: EM1320855

Question: A loan officer rates applicants for credit. Ratings are normally distributed. The mean is 240 & the standard deviation is fifty. Determine the probability that an applicant will have a rating less than 300.

Reference no: EM1320855

Questions Cloud

Determining probability that tire wears out : Determine the probability that tire wears out before 70,000 miles?
Find the percent of the dowels : Find the percent of the dowels will have a diameter less than 0.56?
Concepts of software engineering : Explain the software measurement process and state how to implement the software measurement?  List the challenges and difficulties of applying the software metrics?
Determining the probability of mean height : Determine the probability that mean height of random sample of 100 women is greater than 66 inches?
Determine the probability on rating : Determine the probability on rating
Evaluating the rate of return for the new equipment : Converse Elucidate how you might go about evaluating the rate of return for the new equipment.
Ethical considerations of marketing : Describe ethical considerations with regard to marketing to children. When the marketers' pitch includes a cause component
Determining probability of marks on statistics midterm : Marks on statistics midterm test are normally distributed with mean of 78 and a standard deviation of 6. Determine the probability that class of 50 has average midterm mark that is less than 75?
Find the number of hours that represent the 40 percentile : Find the number of hours that represent the 40 percentile.

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd