Question
The average credit score in Canada is 650. Assume that credit scores follow a normal distribution with a standard deviation of 60. (a) Find
The average credit score in Canada is 650. Assume that credit scores follow a normal distribution with a standard deviation of 60. (a) Find the 90th percentile of credit scores in Canada. (Round your answer to the nearest integer.) Answer: 699 Your last answer was interpreted as follows: 699 (b) 60% of Canadians have a credit score higher than what value? (Round your answer to the nearest integer.) Answer: (c) Mac's credit score is 790. In what percentile is his credit score? (Round your answer to the nearest integer.) Answer: Check
Step by Step Solution
3.44 Rating (147 Votes )
There are 3 Steps involved in it
Step: 1
ANSWER a b mean pl 650 standard deviation 60 the Given 90th 2score for ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Essentials Of Business Statistics Communicating With Numbers
Authors: Sanjiv Jaggia, Alison Kelly
1st Edition
78020549, 978-0078020544
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App