(a) A bank's loan officer rates applicants for credit. The ratings are normally distributed with a m
Question: (a) A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a std. deviation of 50. Find the value of the 60th percentile, the score that separates the lower 60% from the top 40%.
(b) The lengths of sardines have a mean of 4.64 inches and a std. deviation of 0.25 inches. Above what length lie the longest 15% of the sardines?
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Deliverables: Word Document
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