Find the probability that the college graduate

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The average student loan debt for college graduates is $25,800. Suppose that that distribution is normal and that the standard deviation is $14,650. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar.

a. What is the distribution of X? X ~ N(______,______)

b Find the probability that the college graduate has between $6,500 and $19,000 in student loan debt. _______

c. The middle 20% of college graduates' loan debt lies between what two numbers?

Low: $_______

High: $_______

Reference no: EM132855884

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