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What is the distribution of x

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Reference no: EM132907666

The average student loan debt for college graduates is $25,850. Suppose that that distribution is normal and that the standard deviation is $11,600. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar.

a. What is the distribution of X? X ~ N(_____,_____)

b Find the probability that the college graduate has between $14,800 and $29,050 in student loan debt. ______

c. The middle 30% of college graduates' loan debt lies between what two numbers?

Low: $____

High: $_____

Reference no: EM132907666

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