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    Normal distribution probability

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    The amounts of money requested on home loan applications at Down River Federal Savings follow the normal distribution, with a mean of $70,000 and a standard deviation of $20,000. A loan application is received this morning.

    What is the probability?

    a. The amount requested is $80,000 or more?
    b. The amount requested is between $65,000 and $80,000?
    c. The amount requested is $65,000 or more?

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    Solution Summary

    This solution shows how to find probabilities from a normal distribution.