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The Average Grade on an Algebra Exam Was 76% with a Standard

question 10

Essay

The average grade on an algebra exam was 76% with a standard deviation of 6 percentage points. The average grade on a chemistry exam was 81% with a standard deviation of 2 percentage points. Julie got a grade of 83% on both exams. Which exam did she do relatively better on? Show all work and round any calculations to the nearest hundredth.


Definitions:

Average Operating Assets

The average value of the assets used in the normal operations of a business, calculated over a specific period.

Market Price

The current value at which an asset or service can be bought or sold in the marketplace.

Preferred Dividends

The dividends that are allocated and paid to preferred shareholders before any dividends can be distributed to common shareholders.

Retained Earnings

The portion of net income not distributed as dividends to shareholders, but instead reinvested in the company or kept as reserve.

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