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What is the probability of home loan applications

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The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $80,000 and a standard deviation of $24,000. A loan application is received this morning. What is the probability that: (Round z-score computation to 2 decimal places and the final answer to 4 decimal places.)

a. The amount requested is $91,000 or more?

Probability

b. The amount requested is between $69,000 and $91,000?

Probability

c. The amount requested is $69,000 or more?

Probability

Reference no: EM132483785

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