114k views
2 votes
The mean of a set of credit scores is u=690 and o=14. Which statement must be true?

A. Z690 is within 1 standard deviation of the mean.



B. Z690 is between 1 and 2 standard deviations of the mean.



C. Z690 is between 2 and 3 standard deviations of the mean.



D. Z690 is more than 3 standard deviations of the mean.

User Toucan
by
5.8k points

2 Answers

0 votes

Answer:

C

Step-by-step explanation:

can comfirm as the correct answer

User Allan McLemore
by
5.3k points
5 votes

Z690 is between 2 and 3 standard deviations of the mean.

Option C

Explanation:

A Credit score is a factual number that understands and finds out a buyer's reliability. This assessment usually depends using the customer's credit card history.

Moneylenders use FICO ratings to assess the likelihood that an individual will be able to reimburse their obligations. An individual's FICO rating ranges from 300 to 850, and the higher the score, the more monetarily dependable or affordable an individual is.

The FICO assessment model was made by the Fair Isaac Corporation, otherwise called FICO, and it is utilized for and by money related organizations. While there are other credit-scoring frameworks, the FICO score is by a long shot the most usually utilized, easy and more valued and viewed better.

Shoppers can have high scores by keeping up a long history of taking care of their tabs on schedule and keeping their obligation low. As a gist A credit score plays a very important role in a lender's decision to offer an individual credit.

User Kristian Domagala
by
6.3k points