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(P2P) lending website, borrowers complete an approval scoring form that lenders use to assess creditworthiness. Borrowers are rated A, B, C or D, based on

(P2P) lending website, borrowers complete an approval scoring form that lenders use to assess creditworthiness. Borrowers are rated A, B, C or D, based on their scores, with A having the highest scores and D having the lowest. In a large sample of borrowers, 25% were rated A, 26% were rated B, 18% were rated C, and the rest were rated D. Suppose the scores are normally distributed with a mean of 313 and a standard deviation of 45. Round numeric answers to the nearest integer. a) What is the cut-off score between A and B? b) What is the cut-off score between B and C? c) What is the cut-off score between C and D? d) What score corresponds to the 65th percentile? e) What score corresponds to the 10th percentile? f) What is the minimum score above which lies 4% of the scores? g) Between what scores will the middle 84% of scores lie? Lower value = Higher value = h) What rating will a score of 363 receive? Select an answer D-rating C-rating B-rating A-rating i) What rating will a score of 298 receive? Select an answer D-rating C-rating B-rating A-rating

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