Suppose That, for a Certain Exam, a Teacher Grades on a Curve

question 46

Short Answer

Suppose that, for a certain exam, a teacher grades on a curve. It is known that the mean is 70 and the standard deviation is 8. There are 50 students in the class. What score would be necessary to obtain an A at least?
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__________ or above

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Definitions:

Import Quotas

Restrictions imposed by a government on the amount or value of goods that can be imported into a country, often used to protect domestic industries.

Tariffs

Taxes imposed by a government on imported goods and services.

Revenue

The sum of revenue resulting from the sales of products or services that are central to a company's main business activities.

Comparative Advantage

Comparative advantage refers to the ability of a country to produce a certain good more efficiently and at a lower opportunity cost than another country.