'A banks Ioan officer rates applicants for credit: The ratings are normally distributed with mean of 200 and standard deviation of 50. If 40 different applicants are randomly selected find the probability that their mean rating iS above 212 Select one 0643 b 0.4052 0.5948 d. 0.9357'
Added by Mark W.
Step 1
Step 1: Identify the given parameters Mean (μ) = 200 Standard deviation (σ) = 50 Sample size (n) = 40 Sample mean (x̄) = 212 Show more…
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