Rates applicants for credit
A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If 49 different applicants are randomly selected find the probability that their mean is above 215.
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Financial management, The Blake Manufacturing Corporation manufactures and sells folding umbrellas. The corporation’s condensed income statement for the year at 31 December 2011 follows: Sales (2
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