Scenario: It is assumed that college students attending HBCU schools have an estimated average student loan debt of $40,000 and a standard deviation of $7,000, which follows a normal distribution. You may use the shorthand notation, X ~ n(40, 7). Use this information to answer the following questions. Show all work in the yellow section provided and turn in your work to me by noon tomorrow, Friday, 26 March 2021. ALSO, PROVIDE A CORRECT INTERPRETATION. EXPAND THE YELLOW WORK SECTION AS NEEDED.
