In the first quarter of 2019, the average home loan for first time buyers was R950, 000. Assuming a normal distribution and a standard deviation of R70, 000. What percentage of home loans were less than R900, 000 (rounded off to two decimals)?
In the first quarter of 2019, the average home loan for first time buyers was R950, 000. Assuming a normal distribution and a standard deviation of R70, 000. What percentage of home loans were less than R900, 000 (rounded off to two decimals)?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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In the first quarter of 2019, the average home loan for first time buyers was R950, 000. Assuming a
- A. 4.36%
- B. 30.59%
- C. 80.01%
- D. 96.41%
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