SOLUTION: If outstanding student loans at a bank have a mean of $845 and a standard deviation of $270, what percent owe more than $750? (Hint: You need to subtract the percent from 100%).
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Question 324890: If outstanding student loans at a bank have a mean of $845 and a standard deviation of $270, what percent owe more than $750? (Hint: You need to subtract the percent from 100%).
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Find the z score.
This probability is the cumulative area up to $750.
Since the total probability equals 1 (100%) subtract from 1 to get the correct probability (>$750).
or 63.75%
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