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. if 40 different applicants are randomly​ selected, find the probability that their mean is above 215. round your answer to four decimal places.

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Given data shows that mean of 200 and a standard deviation of 50. The probability that their mean is above 215 is calcualted by : (215-200)/[50/sqrt(40)] = 1.8974 P(x-bar > 215) = P(z > 1.8974) = normalcdf(1.8974,100) = 0.0289. if 40 different applicants are randomly​ selected, the probability that their mean is above 215 will be 0.0289.