A banks loan officer rates applicants for credit The ratings

A bank\'s loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If 64 different applicants are randomly selected, find the probability that their mean is above 215.

hi...

On the TI-83 use the command normalcdf(min,maxmmean, SD) to find the percentage.

normalcdf(215,600,200,50) = .382 = 38.2% <==ANSWER

I hope that helps!! :-)

$A bank\'s loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If 64 different appl$

A banks loan officer rates applicants for credit The ratings

Solution

Get Help Now

Submit a Take Down Notice