the mean of a set of credit scores is $mu = 690$ and $sigma = 14$. which credit score is within a z - score…

the mean of a set of credit scores is $mu = 690$ and $sigma = 14$. which credit score is within a z - score of 3.3?\n634\n640\n720\n750

the mean of a set of credit scores is $mu = 690$ and $sigma = 14$. which credit score is within a z - score of 3.3?\n634\n640\n720\n750

Answer

Explanation:

Step1: Recall z - score formula

The z - score formula is $z=\frac{x - \mu}{\sigma}$, where $x$ is the data point, $\mu$ is the mean, and $\sigma$ is the standard deviation. We want to find the range of $x$ values for $z = 3.3$ and $z=- 3.3$. First, solve the formula for $x$: $x=\mu+z\sigma$.

Step2: Calculate the lower - bound

For $z=-3.3$, $\mu = 690$, and $\sigma = 14$, we have $x_1=690+( - 3.3)\times14=690 - 46.2 = 643.8$.

Step3: Calculate the upper - bound

For $z = 3.3$, $\mu = 690$, and $\sigma = 14$, we have $x_2=690+3.3\times14=690 + 46.2=736.2$.

Step4: Check the options

We check which of the given credit scores $634,640,720,750$ is in the range $[643.8,736.2]$. The score $720$ is in this range.

Answer:

720