What is the probability that amount requested is more, Basic Statistics

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What is the probability that amount requested is more

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?

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Basic Statistics: What is the probability that amount requested is more

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Ask an Expert for Answer!!

Basic Statistics: What is the probability that amount requested is more

Reference No:- TGS0120675

Recent Questions Asked Basic Statistics

Q : Lack of cohesiveness in groups with diverse members

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