(Solution Library) A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 600 and a standard deviation of 200.
Question: A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 600 and a standard deviation of 200. If an applicant is randomly selected:
- Find the probability of a rating between 600 and 775.
- Find the probability of a rating that is below 650.
- Find the probability of a rating above 900.
- Find the probability of a rating between 200 and 800.
- Find the probability of a rating above 500.
- Find the value of the rating which separates the lower 60% from the top 40%.
- Find the value of the rating which is exceeded by only 10% of the applicants.
Deliverable: Word Document 
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Rule of Thumb for the Standard Deviation - MathCracker.com