Assume That a Set of Test Scores in an Introduction

question 131

Multiple Choice

Assume that a set of test scores in an Introduction to Finance class is normally distributed with a mean of 72 and a standard deviation of 8.Use the 68-95-99.7 rule to find the percentage of scores between 80 and 96.

• A)13.5%
• B)15.85%
• C)30.7%
• D)2.5%
• E)25.5%

---

Definitions:

Amount Invested

The total sum of funds or assets placed into investments such as stocks, bonds, or real estate, by an individual or entity.

Investment Date

The specific date on which an investment is made or an asset is purchased.

Capital Investment Decisions

Decisions made by businesses regarding which major projects or investments to undertake, considering potential returns and risks.

Long-Term Commitment

An obligation that extends beyond the current fiscal year, often related to contracts, investments, or financial agreements.