The average student loan debt for college graduates is $25,100. Suppose that that distribution is normal and that the standard deviation is $14,850. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar. a. What is the distribution of X? X - N b Find the probability that the college graduate has between $18,300 and $26,300 in student loan debt. c. The middle 30% of college graduates' loan debt lies between what two numbers? Low: $ High: $

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The average student loan debt for college graduates is $25,100. Suppose that that distribution is normal
and that the standard deviation is $14,850. Let X = the student loan debt of a randomly selected college
graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar.
%3D
a. What is the distribution of X? X - N(
b Find the probability that the college graduate has between $18,300 and $26,300 in student loan debt.
c. The middle 30% of college graduates' loan debt lies between what two numbers?
Low: $
High: $
Hint:
Helpful videos:
• Find a Probability [+]
• Finding a Value Given a Probability [+]
Hint
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Transcribed Image Text:The average student loan debt for college graduates is $25,100. Suppose that that distribution is normal and that the standard deviation is $14,850. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar. %3D a. What is the distribution of X? X - N( b Find the probability that the college graduate has between $18,300 and $26,300 in student loan debt. c. The middle 30% of college graduates' loan debt lies between what two numbers? Low: $ High: $ Hint: Helpful videos: • Find a Probability [+] • Finding a Value Given a Probability [+] Hint 17,217 3 PAGES NOV 1 17 étv MacBook Air 吕0 888 F8 F9 F2 F3 F4 F5 F6 F7 F1 @ # & 00 %24
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