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1. The amount of money requested on a home loan application at federal savings follow the normal distribution, with a mean of $270,000 and a standard deviation of $35,000. A loan applicatiom is received this morning. What is the probability:

A. The amount requested is $270,000 or more

B. The amount requested is $300,000 or more

C. The amount requested is between $265,000 and $365000

D. The amount requested is $365,000 or more

2. Suppose 1.5 percent of the antennas on new nokia cell phones are defective. For a randam sample of 10 antennas, use the binomial distribution to find the probability that:

A. None of the antennas is defective

B. Three or more of the antennas are defective

C. At most 3 are defective

D. All 10 antennas are defective

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9368453

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