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Statistics Project Example

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The diameters of a wooden dowel produced by a new machine are normally distributed with a mean of 0.55 inches and a standard deviation of 0.01 inches. What percent of the dowels will have a diameter less than 0.57?
3. A loan officer rates applicants for credit. Ratings…
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If the snowfall from 25 randomly selected years are chosen, what it the probability that the snowfall would be less than 95 inches?
b. The loan officer rates applicants for credit. Ratings are normally distributed. The mean is 240 and the standard deviation is 60. If 36 applicants are randomly chosen, what is the probability that they will have a rating between 230 and 260? (5 ... Read More
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