Using Problem #4, what is the probability the amount requested is between $65,000 and $80,000?
a. .4500
b. .2902
c. .5987
d. None of the above
To find the probability that the amount requested is between $65,000 and $80,000, we need to use the cumulative probability distribution function (CDF).
Problem #4 likely refers to a specific probability distribution. Let's assume it is a normal distribution with a known mean and standard deviation. Without additional information, we cannot directly calculate the probability.
However, if we know the mean and standard deviation, we can use a standard normal distribution table (also known as a Z-table) to find the probabilities. Since we do not have this information in the question, we cannot determine the exact probability. Therefore, the correct answer is d. None of the above.