Normal model with a mean, A bank's loan officer rates

Normal model with a mean

Reference no: EM1313109

A bank's loan officer rates applicants for credit. The ratings can be described by a Normal model with a mean of 200 and a standard deviation of 50. If an applicant is randomly selected, what percentage can be expected to be between 200 and 275?

a. 43.32%

b. 6.68%

c. 5.00%

d. 42.37%

e. 93.32%

Reference no: EM1313109

Questions Cloud

Calculation of payback period for capital investment : Calculation of payback period for capital investment and A company paid $50,000 cash for a capital investment

Cellular respiration : Cellular Respiration and the Photosynthesis co-exist as the paired metabolic processes. Photosynthesis utilizes light energy to transform carbon dioxide into glucose, a simple sugar.

What is her velocity relative to ice surface : The maximum distance from Earth to the Sun (at our aphelion) is 1.521 x 10^11 m and the distance of closest approach (at perihelion) is 1.471 x 10 ^11 m. Assume the Earth's orbital speed at perihelion is 3.027 x 10 ^ 4 m/s. (overlook the effect of th..

Purchasing a running business firm : Computation of Consideration for purchasing a running Business Firm - determine this amount. Under these conditions, how much should you offer O'Henry? Give your reason."

Normal model with a mean : A bank's loan officer rates applicants for credit. The ratings can be described by a Normal model with a mean of 200 and a standard deviation of 50.

Velocity and time for the moving particle : Velocity and time for the moving particle.

True or false questions on marginal revenue : Characterize each of the following statements as true or false, and explain your answer.

What is the length of stick as measured from s : A 180, 48.0 cm-diameter turntables rotate on frictionless bearings at 70.0. A 15.0 block sits at the center of turntable. A compressed spring shoots the block fundamentally outward along the frictionless groove in the surface of the turntable.

Calculate the maximum monthly commission income : Construct a table shoeing Grey's marginal sales per day in each state. Calculate Grey's maximum monthly commission income.

User Account

All Pages