The average student loan debt for college graduates is $25,850. Suppose that that distribution is normal and that the standard deviation is $14,000. Let X = the student loan debt of a randomly...


The average student loan debt for college graduates is $25,850. Suppose that that distribution is normal and<br>that the standard deviation is $14,000. Let X = the student loan debt of a randomly selected college graduate.<br>Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar.<br>%3D<br>a. What is the distribution of X? X N(<br>b Find the probability that the college graduate has between $21,400 and $34,250 in student loan debt.<br>c. The middle 10% of college graduates' loan debt lies between what two numbers?<br>Low: $<br>High: $<br>

Extracted text: The average student loan debt for college graduates is $25,850. Suppose that that distribution is normal and that the standard deviation is $14,000. 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. %3D a. What is the distribution of X? X N( b Find the probability that the college graduate has between $21,400 and $34,250 in student loan debt. c. The middle 10% of college graduates' loan debt lies between what two numbers? Low: $ High: $

Jun 11, 2022
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