A Bank's Loan Officer Rates Applicants for Credit $P _ { 60 } ,$

question 33

Multiple Choice

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 . Find $P _ { 60 } ,$ the score which separates the lower 60% from the top 40% .

• A) 187.5
• B) 212.5
• C) 207.8
• D) 211.3

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Definitions:

Escape Learning

A behavioral phenomenon where an individual learns to perform a behavior to terminate or avoid an unpleasant situation or stimulus.

Social Learning Theory

A theory that proposes individuals learn new behaviors and information by observing others, emphasizing the importance of cognitive processes in learning.

Correct Behavior

Actions or responses that are deemed appropriate within a given context, often aligning with societal, ethical, or professional standards.

Punishment

The imposition of a penalty or adverse consequence on an individual or group in response to undesired behavior.