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    Ulysses Mortgage Associates: Credit Scores

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    The credit score of a 35 year old applying for a mortgage at Ulysses Mortgage Associates is normally distributed with a mean of 600 and a standard deviation of 100.
    (a) Find the credit score that defines the upper 5 percent.
    (b) Seventy-five percent of the customers will have a credit score higher than what value?
    (c) Within what range would the middle 80 percent of credit scores lie?

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    Solution Summary

    This is a solution calculating the credit scores based on the mean and standard deviation of Ulysses Mortgage Associates.