The Average Score of 100 Students Taking a Statistics Final

question 32

Multiple Choice

The average score of 100 students taking a statistics final was 70 with a standard deviation of 7. Assuming a normal distribution, approximately how many scored less than 60?

• A) 0.2271
• B) 0.3729
• C) 0.8929
• D) D)-1.14
• E) None of the choices are correct

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Definitions:

Borrowing Costs

Expenses incurred by an entity for borrowing funds, including interest, arrangement fees, and other related costs.

Future

A standardized financial contract obligating the buyer to purchase, and the seller to sell, a specific asset at a predetermined future date and price.

Transactions Exposure

The risk that a company's financial performance or position may be affected by fluctuations in exchange rates impacting transactions in foreign currencies.

Financial Risk

A potential for financial loss inherent in an investment or business operation.