In addition to the loans above made to Bengals and Idaho State University (both
ID: 2657660 • Letter: I
Question
In addition to the loans above made to Bengals and Idaho State University (both Consumer and Industry Loans), Bank of Idaho has the following loans in its portfolio: $132,000 Real Estate loan $40,800 loans to individuals, and $7,200 classified as "other". Using the Relative Measure of Loan Allocation model, determine the standard deviation of Bank of Idaho loan allocation relative to the national average, which is shown below. National Average Bank of Idaho Real Estate C &I; Individual Other Total 20% 45% 25% 10% 100% $132,000 $60,000 $40,800 SZ.200 $240,000Explanation / Answer
Standard Deviation: NA Idaho loan Expected loan d form expected d^2 d^2 * NA 0.2 132000 26400 -37920 1437926400 287585280 0.45 60000 27000 -37320 1392782400 626752080 0.25 40800 10200 -54120 2928974400 732243600 0.1 7200 720 -63600 4044960000 404496000 Total 64320 Variance= 2051076960 SD= (2051076960)^1/2 SD= 45288.82
Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.