Wthat's the specificity of the new measure? (1-a)= 0.978 O 0.967 O 0.956 O 0.945

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section: Chapter Questions
Problem 47RE
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Please answer the question contained in the following picture
Wthat's the specificity of the new measure? (1-a)=
0.978
O 0.967
O 0.956
O 0.945
Transcribed Image Text:Wthat's the specificity of the new measure? (1-a)= 0.978 O 0.967 O 0.956 O 0.945
The next four questions refer to the following scenario:
A bank collected data of all its customers. Customers who repaid their consumer
loans (Good Credit) had an average deposit of x Good Credit= $500 with a
standard deviation of oGood Credit =$75. Customers who defaulted on their
consumer loans (Bad Credit) had an average weekly deposit of x Bad Credit= $300
with a standard deviation of also O Bad Credit =$75. As a result of the data
collection, the bank decides to give loans to customers only who do not have weekly
deposits of at least $380.
Transcribed Image Text:The next four questions refer to the following scenario: A bank collected data of all its customers. Customers who repaid their consumer loans (Good Credit) had an average deposit of x Good Credit= $500 with a standard deviation of oGood Credit =$75. Customers who defaulted on their consumer loans (Bad Credit) had an average weekly deposit of x Bad Credit= $300 with a standard deviation of also O Bad Credit =$75. As a result of the data collection, the bank decides to give loans to customers only who do not have weekly deposits of at least $380.
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