The Following Population Parameters Were Obtained from a Graphing Calculator

question 27

Multiple Choice

The following population parameters were obtained from a graphing calculator.

Assuming the population is bell-shaped, between what two values will approximately 68% of the population be?

• A)48 to 84
• B)60 to 72
• C)66 to 84
• D)54 to 78

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Definitions:

Derivative

A contract that changes value in response to an underlying variable, requires no initial net investment or an initial net investment that is smaller than would be required for other types of contracts that would be expected to have a similar response to changes in market factors, and is settled at a future date.

Primary

Refers to being of first importance; main or most significant in terms of consideration or development.

Non-Derivative

A non-derivative is a financial instrument without any underlying assets; its value is determined by the instrument itself, such as stocks or bonds, as opposed to derivatives like options or futures.

Derivative

A financial instrument whose value is derived from the value of another asset, which can include options, futures, and swaps.