Solve

The average student loan debt for college graduates is $25,650. Suppose that that distribution is normal and that the standard deviation is $10,800. 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 $23,200 and $40,200 in student loan debt. c. The middle 20% of college graduates' loan debt lies between what two numbers? Low: S High: $