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zimovet [89]
3 years ago
13

21. Loans Based on past experience, a bank believes that 7% of

Mathematics
1 answer:
BlackZzzverrR [31]3 years ago
3 0

Answer:

Step-by-step explanation:

Mean 0.7 and standard deviation 0.018

p = 0.07

n = 200

q = 1 - 0.07 which = 0.93

u = 0.07

o = (p * q) / n = \sqrt{(0.07)(0.93)/200} = 0.018

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