Examlex
Solve the problem.
-Scores on a test are approximately normally distributed with a mean of 70 and a standard deviation of 9. The teacher wants to give A's to the top 10% of students, B's to the next 25%, C's to the next
40%, D's to the next 16%, and F's to the bottom 9%. What is the bottom cutoff for a D grade? Round
Your answer to the nearest whole number.
Interest Revenue
Income that a company receives from its investments in bonds, loans, or other instruments that earn interest.
Rent Revenue
Income received from leasing out property or equipment.
Straight-line Method
An accounting method of depreciation where an asset's cost is evenly spread over its useful life.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
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