Multiple Choice
Solve the problem. Round to the nearest tenth unless indicated otherwise.
-A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. Find P60, the score which separates the lower 60% from the top 40%.
A) 207.8
B) 211.3
C) 212.5
D) 187.5
Correct Answer:
Verified
Correct Answer:
Verified
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