You Were Told That the Mean Score on a Statistics

question 129

Short Answer

You were told that the mean score on a statistics exam is 75 with the scores normally distributed.In addition,you know the probability of a score between 55 and 60 is 4.41% and that the probability of a score greater than 90 is 6.68%.What is the probability of a score between 60 and 95?

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Definitions:

Competition

The rivalry among businesses to attract customers, increase sales, and gain market share.

Tying Arrangement

A business practice where the sale of one product is conditioned on the purchase of another, often scrutinized for anti-competitive effects.

Exclusive Dealing

refers to a restrictive agreement between supplier and distributor, where the distributor agrees to sell only the supplier's products and not those of competitors.

Discriminatory Pricing

The practice of charging different prices to different consumers for the same product or service, based on factors like race, gender, or geographic location, which is often considered unethical and illegal.