Discussion Board 5- Central Limit Theorem - Sample Proportion DistributionThe Public Service Student Loan Forgiveness program states that the proportion ofapplications rejected for not meeting the 120-month payment period is 56.2%.1.If you randomly select 100 loans that were rejected, what is the probability that theaverage will be below 60% due to not meeting the 120-month payment period?А.If you randomly select 175 loans that were rejected, what is the probability that theaverage will be above 50% due to not meeting the 120-month payment period?В.If you randomly select 250 loans that were rejected, what is the probability that theaverage will be between 53% and 58% due to not meeting the 120-month paymentperiod?С.

(A) Obtain the probability that the average will be below 60% due to not meeting the 120- month…

Answered: Discussion Board 5- Central Limit…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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