Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The average credit score in Canada is 650. Assume that credit scores follow a normal distribution with a standard deviation of 80. (a) Find the
The average credit score in Canada is 650. Assume that credit scores follow a normal distribution with a standard deviation of 80. (a) Find the 90th percentile of credit scores in Canada. (Round your answer to the nearest integer.) Answer: (b) 75% of Canadians have a credit score higher than what value? (Round your answer to the nearest integer.) Answer: (c) Mac's credit score is 760. In what percentile is his credit score?(Round your answer to the nearest integer.) Answe
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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 Started