The average student loan debt for college graduates is $25,750. Suppose that that distribution is normal and that the standard deviation is $13,900. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to %3D the nearest dollar. a. What is the distribution of X? X - N( b Find the probability that the college graduate has between $20,750 and $39,650 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
$25,750. Suppose that that distribution is normal and that
the standard deviation is $13,900. 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 $20,750 and $39,650 in student loan debt.
c. The middle 30% of college graduates' loan debt lies
between what two numbers?
Low: $
High: $
Transcribed Image Text:The average student loan debt for college graduates is $25,750. Suppose that that distribution is normal and that the standard deviation is $13,900. 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 $20,750 and $39,650 in student loan debt. c. The middle 30% of college graduates' loan debt lies between what two numbers? Low: $ High: $
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