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From past history, the scores on a statistics test are normally distributed with a mean of 70% and a standard deviation of 5%. To earn a "C" on the test, a student must be in the top 25% of the class. What should a student score to receive a "C"?
Majority
More than half of a particular group or amount, often used to describe the age at which a person gains full legal rights and responsibilities.
Exchange Offer
A proposal by a company to trade securities, such as bonds or stocks, for other securities or assets with different terms or values.
Stock Tender Offer
A public offer by a company or individual to purchase a certain amount of shareholders' stock at a specified price for a limited time.
Shares
Units of ownership interest in a corporation or financial asset, representing a portion of the corporation's capital.
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