A Bank's Loan Officer Rates Applicants for Credit

question 64

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. If an applicant is randomly selected, find the probability of a rating that is between 200 and 275.

• A) 0.5
• B) 0.9332
• C) 0.4332
• D) 0.0668

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Definitions:

Chloroplasts

Organelles found in plant and algal cells that conduct photosynthesis, converting light energy into chemical energy stored in glucose.

Protein Content

The amount of protein found within a food or biological material, important for various body functions including muscle repair and enzyme production.

Reduced

A process or result of making something smaller or less in amount, degree, or size.

Cyclic Electron Pathway

A photosynthetic process where electrons are recycled in order to produce ATP without the production of NADPH or oxygen.