LSAT Test Scores Are Normally Distributed with a Mean of 500

question 149

Short Answer

LSAT test scores are normally distributed with a mean of 500 and a standard deviation of 100. Find the probability that a randomly chosen test taker will score between 350 and 550. Round your answer to four decimal places.

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Definitions:

Fixed Costs

Business expenses that remain constant regardless of the level of production or sales activity, such as rent, salaries, and insurance.

Average Costs

The total cost of production divided by the number of goods produced, reflecting the average expense per unit.

Variable Costs

Expenses that change in proportion to the activity of a business, such as costs for raw materials or production.

Shut Down

The process of ceasing operations, typically referring to temporarily or permanently closing a business or facility.