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The amounts of money requested on home loan applications

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Reference no: EM13580496

The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $70,000 and a standard deviation of $20,000. A loan application is received this morning. What is the probability:

a) The amount requested is $80,000 or more?

b) The amount requested is between $65,000 and $80,000?

c) The amount requested is $65,000 or more?

Reference no: EM13580496

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