Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

{in a peertopeer [P2P] lending websiter borrowers complete an approval scoring form that lenders use to assess creditworthiness. Borrowers are rated A, E, C or

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
{in a peertopeer [P2P] lending websiter borrowers complete an approval scoring form that lenders use to assess creditworthiness. Borrowers are rated A, E, C or D. based on their scores. with A having the highest scores and D having the lowest. In a large sample of borrowers. 20% were rated A. 33% were rated E. 16% were rated E. and the rest were rated D. Suppose the scores are normally distributed with a mean of 316 and a standard deviation of 39. Round numeric answers to the nearest integer. a} What is the cutoff score between A and B? [:J bl What i5 the cutoff score between B and C? [:1 Cl What l5 the cutoff score between C and D? [:1 d] What score corresponds to the fth percentile? C} e} What score corresponds to the 40th percentile? C] n What E the r'I'lil'l'lmunrl score above which lies 17% of the sCGTEE? :l g] Between what scores will the middle 34% of scores lie? \\ \\ Lower value = Higher value = h} What rating will a score of 3'10 receive? Select an answer i] What rating will a score of 289 receive? ICll'l'g B-raling QUEStan HElp: EWideo El Message inst A'ran

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Functional Analysis And The Feynman Operator Calculus

Authors: Tepper L Gill, Woodford W Zachary, Zachary Woodford

1st Edition

331927595X, 9783319275956

More Books

Students also viewed these Mathematics questions

Question

BPR always involves automation. Group of answer choices True False

Answered: 1 week ago

Question

3. Im trying to point out what we need to do to make this happen

Answered: 1 week ago

Question

1. I try to create an image of the message

Answered: 1 week ago