Exhibit 6-10 A Professor at a Local University Noted That the Exam

question 22

Multiple Choice

Exhibit 6-10
A professor at a local university noted that the exam grades of her students were normally distributed with a mean of 73 and a standard deviation of 11.
-Refer to Exhibit 6-10. Students who made 57.93 or lower on the exam failed the course. What percent of students failed the course?

• A)8.53%
• B)18.53%
• C)91.47%
• D)0.853%

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Definitions:

Equivalent

An item that holds the same worth, purpose, or significance as another within a given context.

Pay

The total money received by an employee from an employer as compensation for employment, including all bonuses and allowances.

Purchasing Power

The capability of a currency to buy goods or services, expressed as the quantity one unit can acquire.

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power.