The Average Score of 100 Students Taking a Statistics Final

question 66

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 90 or higher?

• A) 0.4979
• B) 0.0021
• C) 0.9979
• D) 2.86
• E) None of the choices are correct

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Definitions:

Full Disclosure

A principle requiring that financial statements provide all necessary information to ensure a clear understanding of a company’s financial condition.

Internal Control Procedures

The methods and processes used by organizations to ensure the accuracy and integrity of their financial statements, compliance with laws and regulations, and efficient operations.

Continuous Operations

Activities that are expected to continue over an indefinite period, reflecting a business's ongoing ability to function.

Qualitative Characteristic

A feature that defines or describes non-quantifiable elements of financial information, aiding in its usefulness for decision-making.