Find the Indicated Percentage for the Normally Distributed Variable

question 1

Multiple Choice

Find the indicated percentage for the normally distributed variable. Round your answer to two decimal places, if necessary.
-A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and astandard deviation of 50. What percentage of the ratings will be between 200 and 300?

• A)95%
• B)47.27%
• C)97.72%
• D)47.72%

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Definitions:

Distribution Network

The interconnected group of storage facilities and transportation systems that move goods from producers to consumers.

High Profitability

A situation where businesses or investments return a significantly higher profit relative to their costs.

Customer Service

The support and assistance provided by a company to those who purchase or use its products or services, aiming to ensure customer satisfaction.

Outbound Transportation Costs

Expenses related to the shipping of finished goods from the manufacturer or warehouse to the end user or customer.