Suppose the average monthly student loan payment for those with an advanced degree is $967. The payments are approximately normally distributed with a standard deviation of $180. What is the...


Suppose the average monthly student loan payment for those with an advanced degree is $967. The payments are approximately normally distributed with a standard deviation of $180. What is the probability that a randomly selected payment is between $810 and $1230? Use the Cumulative Standard Normal Distribution Table. Roundz-scores to two decimal places and any other values to four decimal places.

The probability that a randomly selected monthly payment is between $810 and $1230 is ________.



Jun 07, 2022
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