What Z Score Would a Person Need to Be in the 4

question 5

Multiple Choice

What Z score would a person need to be in the 4% of his or her class on a particular test? Assume a normal distribution.

• A)4% - 50% = -46%, which corresponds to a Z score of -1.75
• B)50% - 46% = 4%, which corresponds to a Z score of .10
• C)50% - 4% = 46%, which corresponds to a Z score of 1.75
• D)34% + 14% - 4% = 44%, which corresponds to a Z score of 1.55 or 1.56

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.