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- Score on last try: 2 of 10 p15. See Details for more. Next question Geta similar question 'r'ou can retry this question below On
- Score on last try: 2 of 10 p15. See Details for more. Next question Geta similar question 'r'ou can retry this question below On a peer-to-peer (P2P) lending website_. borrowers complete an approval scoring form that lenders use to assess creditworthiness. Lenders generally believe that borrowers who score at least T2 do not default on loans. Consequently, borrowers are rated A if their overall score is at least 72.. otherwise they are rated B. A reasonably large sample of real borrower data was collected: i. among those that did not default on their loans. initial approval scores were normally distributed with a mean of "38.8 and a standard deviation of 7.3. ii. among those that defaulted on their loans, initial approval scores were normally distributed with a mean of65.6 and a standard deviation of 10.1. Report each answer as a decimal [not percent] accurate to at least 4 decimal places. Answers from software or from rounded z-scores [to 2 decimal places) are accepted. 1. What proportion of borrowers that: a) defaulted were initially rated A? b) did not default were initially rated B? c] defaulted were miscategorized initially? d) did not default were miscategorized initially? [ 0.1162 J l 2. Among those that defaultedI what is the probabilitythat a borrower. a) scored above ?3.2? b) scored below 60.3 or above 81.2?[ 0.3633- J I c] was rated B and scored above 59.3? d) was rated A and scored below ?3.2? e) was rated A given scored above 65.6? t] scored below 65.5 given rated B
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