The average amount of debt families have is 25 times their, Ask an Expert

Economics

The average amount of debt families have is 2.5 times their annual income with a standard deviation 0.75 times their annual income. How much debt does a family have to have (relative to their annual income) to be in the top 5% with the LOWEST debt load? (Please round your answer to 2 decimal places)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9594800

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