A Population of Scores Is Normally Distributed with a Mean

question 4

Multiple Choice

A population of scores is normally distributed with a mean of 100 and a standard deviation of 20. Approximately percent of the scores fall in the interval between 60 and 100.

• A)14
• B)34
• C)68
• D)48

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Definitions:

Process Cost Systems

An accounting system used to track and assign production costs to units of output in industries where products are uniformly produced.

Industries

Broad categories of business activities focused on the production or supply of goods, services, technology, or information.

Process Costing System

An accounting system used to assess the costs associated with each stage of the manufacturing process, especially applicable in industries producing homogenous products.

Work In Process

Partially completed goods that are still in the production process at the end of an accounting period.