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one of rachel’s duties as a loan officer is to review the credit scores…

Question

one of rachel’s duties as a loan officer is to review the credit scores of loan applicants. the scores of several such applicants can be seen in the table below.

nameexperianequifaxtransunion
pat668821774
sam706720732
alex739816799

based on each applicant’s median credit score, to which client is rachel likely to offer the best interest rates?
a. leslie
b. pat
c. sam
d. alex
please select the best answer from the choices provided

Explanation:

Step1: Calculate median for Leslie

List Leslie's scores: 775, 803, 675. Sort them: 675, 775, 803. Median is the middle value, so 775.

Step2: Calculate median for Pat

List Pat's scores: 668, 821, 774. Sort them: 668, 774, 821. Median is 774.

Step3: Calculate median for Sam

List Sam's scores: 706, 720, 732. Sort them: 706, 720, 732. Median is 720.

Step4: Calculate median for Alex

List Alex's scores: 739, 816, 799. Sort them: 739, 799, 816. Median is 799.

Step5: Compare medians

Leslie: 775, Pat: 774, Sam: 720, Alex: 799. The highest median is Alex's 799.

Answer:

d. Alex