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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 $78,000 and a standard deviation of $23,000. 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 $95,000 or more? Probability b. The amount requested is between $71,000 and $95,000? Probability c. The amount requested is $71,000 or more? Probability

The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $78,000 and a standard deviation of $23,000. 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 $95,000 or more? Probability b. The amount requested is between $71,000 and $95,000? Probability c. The amount requested is $71,000 or more? Probability

MATLAB: An Introduction with Applications
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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The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $78,000 and a standard deviation of $23,000. 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 $95,000 or more? Probability b. The amount requested is between $71,000 and $95,000? Probability c. The amount requested is $71,000 or more? Probability
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