The amounts of money requested on home loan applications at Down River Federal S

Question

The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $70 000 and a standard deviation of $20 000. A loan application is received this morning. What is the probability: a. The amount requested is $80 000 or more? (Round final answer to 4 decimal places.) Probability b. The amount requested is between $65 000 and $80 000? (Round final answer to 4 decimal places.) Probability c. The amount requested is $65 000 or more? (Round final answer to 4 decimal places.) Probability

Explanation / Answer

Probability c. The amount requested is $65 000 or more

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