Determining the distributed with a mean

Assignment Help Business Economics
Reference no: EM132149121

A banks loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If an applicant is randomly selected, find the probability of a rating that is between 225 and 275.

Reference no: EM132149121

Questions Cloud

Describe the nyc restaurant inspection system : Describe the NYC restaurant inspection system (e.g.,three main differences between the NYC and Michigan restaurant inspection systems).
What customs or traditions does your family observe : Do a little research. Interview family members to find out about your ethnic heritage. Where is your family from? Is there a migration story?
Population standard deviation : You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population
Explain the application of sociological theory : How each of the two theories that you chose would explain the current event and making an argument for which of the two theories .
Determining the distributed with a mean : A banks loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50.
Two spares of a critical component : A production system has two spares of a critical component that have average uptime 1/lamba = 1 month.
Machine with exponential reliability model : Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2.
How current popular entertainment trends do : Imagine you have the opportunity to pitch an idea for a new TV or movie program that is based on current market trends.
Determine the number of students taking : The following is the number of first year students who selected the three mathematics units for trimester one;

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 pick a society and time in history you would consider

q1. pick a society and time in history you would consider that the vast majority were doing very well economically.

  Find the equilibrium prices and quantities for autos

Suppose that the U.S. the demand for phones is given by P=700-Q that the supply is given by P=200+Q. In Korea suppose the demand is given by P=600-Q and supply is given by P=50 + (Q/2). Please regard phones as a homogenous product. Prices are all in ..

  What is average number of customers in drive through area

What is average length of "place order line". What is average length of "pick up line". What is average number of customers in drive through area.

  How many people were at risk of head colds on 1 august 2014

Twenty had a head cold on 1 June 2014, which conferred immunity for 3 months. How many people were at risk of head colds on 1 August 2014?

  The surplus created by a price floor

The surplus created by a price floor will likely be? smaller if the good is a necessity. larger if the good is addictive. smaller if the good is a luxury. unaffected by the time that has elapsed since the price ceiling is implemented. None of these a..

  Interactions between buyers and sellers of various goods

Market prices are determined through the(free) interactions between buyers and sellers of various goods and services,or the " forces of demand and supply".

  Including types of traders

Explain how Ibn Khaldoun view traders, including types of traders, the importance of traders to the economy, the necessary skills for successful traders, and role of connections in a trader’s success.

  Interest rate are selected

At the end of the 5-year useful life of B, a replacement is not made. If a 10-year analysis period and a 10% interest rate are selected, which is the preferred

  Best strategy to use in the risk management

What is the best strategy to use in the risk management of the currency risk? I would like to know in case of exposure to foreign risk

  Payroll tax on non-discriminating monopsonist

A non-discriminating monoponist firm’s demand for labor can be written as VMPE = 30 - 0.005E. Labor is supplied to the firm according to w = 5 + 0.01E. Thus the firm’s marginal cost of hiring workers when it hires off of this supply schedule is MCE =..

  Familiarize yourself with the historical evolution

Familiarize yourself with the historical evolution of OS. Select 2, and then talk about them in terms of various aspects.

  How disparate are returns if you win

How disparate are returns if you win. As disparity increases => marginal benefit increases. Which of these two explanations is correct.

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