The national average for a new car loan was 8.28%. If the rate is normally distributed with a standa
Question: The national average for a new car loan was 8.28%. If the rate is normally distributed with a standard deviation of 3.5%, find these probabilities.
a. One can receive a rate less than 9%.
b. One can receive a rate less than 8%.
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Solution: The solution consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
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Math Solutions
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