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

Question

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] · Answer 1 · 2022-02-17T13:00:09+03:00

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

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