The average student loan debt for college graduates is $25,750. Suppose that that distribution is normal and that the standard deviation is $13,900. Let X = the student loan debt of a randomly...


The average student loan debt for college graduates is<br>$25,750. Suppose that that distribution is normal and that<br>the standard deviation is $13,900. Let X = the student loan<br>debt of a randomly selected college graduate. Round all<br>probabilities to 4 decimal places and all dollar answers to<br>the nearest dollar.<br>a. What is the distribution of X? X ~ N(<br>b Find the probability that the college graduate has<br>between $20,750 and $39,650 in student loan debt.<br>c. The middle 30% of college graduates' loan debt lies<br>between what two numbers?<br>Low: $<br>High: $<br>

Extracted text: The average student loan debt for college graduates is $25,750. Suppose that that distribution is normal and that the standard deviation is $13,900. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar. a. What is the distribution of X? X ~ N( b Find the probability that the college graduate has between $20,750 and $39,650 in student loan debt. c. The middle 30% of college graduates' loan debt lies between what two numbers? Low: $ High: $

Jun 10, 2022
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