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Question
a banker was analyzing credit scores of mortgage clients when he accidentally deleted one of his clients scores from his data table. he already calculated the mean, standard deviation, and z-scores.
mean = 780
\\(\sigma \approx 28\\)
\\(z_x = 1.07\\)
\\(z_x = \frac{x - \mu}{\sigma}\\)
which equation can you use to calculate the missing credit score?
\\(1.07 = \frac{x - 780}{28}\\)
\\(780 = \frac{x - 28}{1.07}\\)
\\(28 = \frac{x - 1.07}{780}\\)
Identify given values and formula
Using the Z-Score Formula knowledge point
$$
LATEXBLOCK0
$$
Substitute values into the formula
Using the Z-Score Formula knowledge point
$$
1.07 = \frac{x - 780}{28}
$$
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- (A) \(1.07 = \frac{x - 780}{28}\) (Correct answer)
- (B) \(780 = \frac{x - 28}{1.07}\)
- (C) \(28 = \frac{x - 1.07}{780}\)