Find the indicated probability or percentage for the normally distributed variable.
A bank%26#039;s loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If an applicant is randomly selected, find the probability of a rating that is between 200 and 275.
One more math prob help pls...?yes loans
50%
The mean is 200 with a deviation of 50 either way. That means that the chances are 50 percent that the rating will be higher than 200 and 50 percen the rating will be lower than 200 because 200 is the mean.
One more math prob help pls...?
loan
Just stanarize using the mean and de variance and look for the answer in the proper tables
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