Mathematics
Mathematics, 07.02.2022 20:30, derekmartinez

The average student loan debt for college graduates is $26,000. Suppose that that distribution is normal and that the standard deviation is $12,300. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar. a.  What is the distribution of X? X ~ N(

b   Find the probability that the college graduate has between $24,900 and $30,950 in student loan debt.

c.  The middle 20% of college graduates' loan debt lies between what two numbers?
     Low: $
     High: $

answer
Answers: 1

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The average student loan debt for college graduates is $26,000. Suppose that that distribution is no...

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