Reference no: EM1398213
1. The amount of money requested on a home loan application at federal savings follow the normal distribution, with a mean of $270,000 and a standard deviation of $35,000. A loan applicatiom is received this morning. What is the probability:
A. The amount requested is $270,000 or more
B. The amount requested is $300,000 or more
C. The amount requested is between $265,000 and $365000
D. The amount requested is $365,000 or more
2. Suppose 1.5 percent of the antennas on new nokia cell phones are defective. For a randam sample of 10 antennas, use the binomial distribution to find the probability that:
A. None of the antennas is defective
B. Three or more of the antennas are defective
C. At most 3 are defective
D. All 10 antennas are defective
Normal approximation to the binomial
: If a baseball player's batting average is 0.340 or 34%, find the probability that the player will have a bad season and only score at most 60 hits in 200 times at bat?
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Describe how such a system might work
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Finding probabilities and binomial distributions
: The amount of money requested on a home loan application at federal savings follow the normal distribution, with a mean of $270,000 and a standard deviation of $35,000. A loan applicatiom is received this morning. What is the probability:
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