In a Normal Distribution, If 5% of the Scores Are

question 43

Short Answer

In a normal distribution, if 5% of the scores are greater than 80, what percentage of the scores are between the mean and 80?

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Definitions:

Futures Option

An option contract that gives the holder the right, but not the obligation, to buy or sell a futures contract at a specified price on or before a certain date.

Forward Contract

A contractual arrangement to purchase or sell a given commodity or asset at a set price on a designated date in the future.

Forward Price

The predetermined price agreed upon in a forward contract, at which the asset will be bought or sold at a future date.

European Call

A call option that can only be exercised on the expiration date, not before.