The average student loan debt for college graduates is $25,600. Suppose that that distribution is normal and that the standard deviation is $13,350. 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? (Enter the mean and SD) N( 25600 I 13350 b Find the probability that the college graduate has between $17,800 and $32,850 in student loan debt. 0.4271 c. The middle 20% of college graduates' loan debt lies between what two numbers? Low: $ High: $

MATLAB: An Introduction with Applications
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The average student loan debt for college graduates is $25,600. Suppose that that distribution is normal
and that the standard deviation is $13,350. 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? (Enter the mean and SD)
N( 25600
13350
b Find the probability that the college graduate has between $17,800 and $32,850 in student loan debt.
0.4271
c. The middle 20% of college graduates' loan debt lies between what two numbers?
Low: $
High: $
Transcribed Image Text:The average student loan debt for college graduates is $25,600. Suppose that that distribution is normal and that the standard deviation is $13,350. 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? (Enter the mean and SD) N( 25600 13350 b Find the probability that the college graduate has between $17,800 and $32,850 in student loan debt. 0.4271 c. The middle 20% of college graduates' loan debt lies between what two numbers? Low: $ High: $
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