document.write( "Question 306311: Find the probabilities.\r
\n" ); document.write( "\n" ); document.write( "The loan officer rates applicants for credit. Ratings are normally distributed. The mean is 240 and the standard deviation is 50. Find the probability that an applicant will have a rating greater than 300.
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Algebra.Com's Answer #219276 by Fombitz(32388)\"\" \"About 
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Find the z score.
\n" ); document.write( "\"z=%28x-xm%29%2Fsigma\"
\n" ); document.write( "\"z=%28300-240%29%2F50\"
\n" ); document.write( "\"z=1.2\"
\n" ); document.write( "\"P%281.2%29=.88493\"
\n" ); document.write( "P(Score>300)=1-0.88493=0.11507
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