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borishaifa [10]
3 years ago
6

Suppose the time to process a loan application follows a uniform distribution over the range 77 to 1515 days. What is the probab

ility that a randomly selected loan application takes longer than 1414 days to process

Mathematics
1 answer:
Delicious77 [7]3 years ago
5 0

Answer:

The probability is approximately 0.2222

Step-by-step explanation:

The correct question is as follows;

Suppose the time to process a loan application follows a uniform distribution over the range 7 to 15 days. What is the probability that a randomly selected loan application takes longer than 14 days to process

Please check attachment for solution to question

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