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Score on last try: 0 of 1 pts. See Details for more. > Next question You can retry this question below Based on past experience, a bank believes that 7 % of the people who receive loans will not make payments on time. The bank has recently approved 200 loans. What are the mean and standard deviation of this model? mean = 14 X standard deviation (accurate to 3 decimal places) = 3.563 What is the probability that over 10% of these clients will not make timely payments? 0.0456 X Add Work Calculator Check Answer

Score on last try: 0 of 1 pts. See Details for more. > Next question You can retry this question below Based on past experience, a bank believes that 7 % of the people who receive loans will not make payments on time. The bank has recently approved 200 loans. What are the mean and standard deviation of this model? mean = 14 X standard deviation (accurate to 3 decimal places) = 3.563 What is the probability that over 10% of these clients will not make timely payments? 0.0456 X Add Work Calculator Check Answer

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 11PPS
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Score on last try: 0 of 1 pts. See Details for more. > Next question You can retry this question below Based on past experience, a bank believes that 7 % of the people who receive loans will not make payments on time. The bank has recently approved 200 loans. What are the mean and standard deviation of this model? mean = 14 X standard deviation (accurate to 3 decimal places) = 3.563 What is the probability that over 10% of these clients will not make timely payments? 0.0456 X Add Work Calculator Check Answer
Transcribed Image Text:Score on last try: 0 of 1 pts. See Details for more. > Next question You can retry this question below Based on past experience, a bank believes that 7 % of the people who receive loans will not make payments on time. The bank has recently approved 200 loans. What are the mean and standard deviation of this model? mean = 14 X standard deviation (accurate to 3 decimal places) = 3.563 What is the probability that over 10% of these clients will not make timely payments? 0.0456 X Add Work Calculator Check Answer
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