Find the Requested Percentile

question 17

Multiple Choice

Find the requested percentile.
-Scores on an English test are normally distributed with a mean of 31.7 and a standard deviation of 6.6. Find the 41st percentile. Round your answer to one decimal place.

• A)33.2
• B)30.2
• C)27.8
• D)35.6

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Definitions:

Trading Securities

Financial securities purchased by a company, not intended for long-term investment but rather for making a profit in the near term from their sale or trade.

Unrealized Holding Loss

A decrease in the value of an investment that has not yet been sold for cash.

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period.

Unrealized Loss

A reduction in value experienced by retaining an asset whose price has fallen, but has not been liquidated yet.