The home loan department of BRAC Bank Limited sanction a significant number of loans per month. In this month the amount of money requested on home loan applications at a Bank follow a normal distribution with a mean of Tk. 73 lacs and a standard deviation of Tk.22 lacs. A loan application is received this morning. Find is the probability that a. The amount requested is Tk.75 lacs or more? b. The amount requested is Tk. 45 lacs or less? c. The amount requested is between Tk. 55 lacs and Tk.90 lacs? d. The amount requested is exactly Tk. 65 lacs? e. The amount requested that would be in the lowest 8%? f. Also Find the median and mode amount?

The home loan department of BRAC Bank Limited sanction a significant number of loans per month. In this month the amount of money requested on home loan applications at a Bank follow a normal distribution with a mean of Tk. 73 lacs and a standard deviation of Tk.22 lacs. A loan application is received this morning. Find is the probability that a. The amount requested is Tk.75 lacs or more? b. The amount requested is Tk. 45 lacs or less? c. The amount requested is between Tk. 55 lacs and Tk.90 lacs? d. The amount requested is exactly Tk. 65 lacs? e. The amount requested that would be in the lowest 8%? f. Also Find the median and mode amount?

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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