Finding probability of a rating that is between 200 and 275
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 an applicant is randomly selected, find the probability of a rating that is between 200 and 275.
a. 0.0668
b. 0.4332
c. 0.5
d. 0.9332