Twenty percents of loans are larger than what amount

Assignment Help Basic Statistics

Reference no: EM13127377

The amount of money requested in the home loan applications at Dawn River Federal Savings are approximately normally distributed with a mean of $70,000 and a standard deviation of $20,000. Twenty percents of the loans are larger than what amount?

Reference no: EM13127377

Questions Cloud

Improvements,goals and challenges in writing : What improvements have you seen in your writing?What are your challenges with writing?What are your current and future goals for continuing to improve for using writing in your academic and professional life?

Solve cases : For each of the following cases, indicate what, if anything, is wrong with the protagonist's reasoning. If there is a problem (and there may not be), suggest how to carry out a more careful analysis. Your answers must be expressed in terms of the pri..

Illustrate what do think investor would be willing to pay : If this investor believed that by owning the company he could extract &5000 per year in cash from the company in perpetuity, Illustrate what do think the investor would be willing to pay for the firm if the required return on the investment is 10%..

Kinds of stationary phases used for column chromatography : What types of stationary phases used for column chromatography and HPLC? How these staionary phase work and what types of compounds can be separated using this?

Twenty percents of loans are larger than what amount : Normally distributed with a mean of $70,000 and a standard deviation of $20,000. Twenty percents of the loans are larger than what amount?

How many moles of oxygen were in the sample : If 5.50 g of the unknown compound contained 0.183 mol of C and 0.367 mol of H, how many moles of oxygen, O, were in the sample?

Earnings per share for the year : Compute Dow's earnings per share for the year ended December 31, 2011. (Do not round intermediate calculations. Round your answers to 2 decimal places.

Find the slope of the line : Find the slope of the line that passes through (7, 3) and (9, 6). Simplify your answer and write it as a proper fraction, improper fraction, or integer.

What is the volume of propylene glycol : If 50.00mL of propylene glycol has am ass of 51.80g, what is its density in SI units (kg/m^3).

User Account

All Pages