A study was conducted on students from a particular high school over the last 8 years. The following information was found regarding standardized tests used for college admitance. Scores on the SAT test are normally distributed with a mean of 1038 and a standard deviation of 202. Scores on the ACT test are normally distributed with a mean of 20.7 and a standard deviation of 4.5. It is assumed that the two tests measure the same aptitude, but use different scales. If a student gets an SAT score that is the 74-percentile, find the actual SAT score. SAT score

(20 points) a bank has been receiving complaints from real estate agents that their customers have been waiting too long for mortgage confirmations. the bank prides itself on its mortgage application process and decides to investigate the claims. the bank manager takes a random sample of 20 customers whose mortgage applications have been processed in the last 6 months and finds the following wait times (in days): 5, 7, 22, 4, 12, 9, 9, 14, 3, 6, 5, 15, 10, 17, 12, 10, 9, 4, 10, 13 assume that the random variable x measures the number of days a customer waits for mortgage processing at this bank, and assume that x is normally distributed. 2a. find the sample mean of this data (x ě…). 2b. find the sample variance of x. find the variance of x ě…. for (c), (d), and (e), use the appropriate t-distribution 2c. find the 90% confidence interval for the population mean (îľ). 2d. test the hypothesis that îľ is equal to 7 at the 95% confidence level. (should you do a one-tailed or two-tailed test here? ) 2e. what is the approximate p-value of this hypothesis?