The Newest Model of Smart Car Is Supposed to Get

question 17

Multiple Choice

The newest model of smart car is supposed to get excellent gas mileage. A thorough study showed that gas mileage (measured in miles per gallon) is normally distributed with a mean of 75 miles per gallon and a standard deviation of 10 miles per gallon. What value represents the 50^th percentile of this distribution?

• A)75
• B)85
• C)95
• D)105

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Definitions:

Regulation S-X

A regulation set forth by the SEC that prescribes the form and content of financial statements to be submitted by public companies in the US.

Financial Statements

Reports that summarize the financial performance and position of a company, including the balance sheet, income statement, and cash flow statement.

Public Utility Holding Company Act

A law enacted in 1935 to regulate the electric utility companies by restricting their operations and ensuring they operate within their designated jurisdictions.

Trust Indenture Act

A federal law in the United States that imposes regulations on the issuance of certain securities, including requiring a formal agreement between bond issuers and trustees.