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For borrowers with good aredit scores, the mean debt for revalving and installment accounts is $15,015 (BusinessWeek, March 20, 2006). Assume the standard deviation is $3,540 and that debk amounts are narmaly distributed. a, what is the probaity that the debt for a randomly seleted borrower with good credit is more than $18,000 (to 4dednaMP b. What is the probablity that the debt for a randomly selected borrower with good credit is less than $10,000 (to 4 decimals)? e what is the probability that the debt for a randomly selected borower with good credit is between $12,000 and $18,000 (to 4 dedimals)? t. What is the probability that the debt for a randomly selected bonrower with good credit is ne more than $14,000 (to 4 decimals)?
math   Statistics-And-Probability   
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