The interest rate for the financing of a used car is on average 9% with a standard deviation of 3%. Assuming that interest rates for used car loans are normally distributed, approximately what percent of loans have an interest rate that is 3% and 15%? A.99.7% B.95% C.68% D.34%

The interest rate for the financing of a used car is on average 9% with a standard deviation of 3%. Assuming that interest rates for used car loans are normally distributed, approximately what percent of loans have an interest rate that is 3% and 15%? A.99.7% B.95% C.68% D.34%

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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Question

A.99.7%

B.95%

C.68%

D.34%

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