Discussion Board 5- Central Limit Theorem - Sample Proportion Distribution The Public Service Student Loan Forgiveness program states that the proportion of applications rejected for not meeting the...


Discussion Board 5- Central Limit Theorem - Sample Proportion Distribution<br>The Public Service Student Loan Forgiveness program states that the proportion of<br>applications rejected for not meeting the 120-month payment period is 56.2%.<br>1.<br>If you randomly select 100 loans that were rejected, what is the probability that the<br>average will be below 60% due to not meeting the 120-month payment period?<br>А.<br>If you randomly select 175 loans that were rejected, what is the probability that the<br>average will be above 50% due to not meeting the 120-month payment period?<br>В.<br>If you randomly select 250 loans that were rejected, what is the probability that the<br>average will be between 53% and 58% due to not meeting the 120-month payment<br>period?<br>С.<br>

Extracted text: Discussion Board 5- Central Limit Theorem - Sample Proportion Distribution The Public Service Student Loan Forgiveness program states that the proportion of applications rejected for not meeting the 120-month payment period is 56.2%. 1. If you randomly select 100 loans that were rejected, what is the probability that the average will be below 60% due to not meeting the 120-month payment period? А. If you randomly select 175 loans that were rejected, what is the probability that the average will be above 50% due to not meeting the 120-month payment period? В. If you randomly select 250 loans that were rejected, what is the probability that the average will be between 53% and 58% due to not meeting the 120-month payment period? С.

Jun 08, 2022
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