A Physical Fitness Association Is Including the Mile Run in Its

question 129

Multiple Choice

A physical fitness association is including the mile run in its secondary-school fitness test. The time for this event for boys in secondary school is known to possess a normal distribution with a
Mean of 460 seconds and a standard deviation of 50 seconds. The fitness association wants to
Recognize the fastest 10% of the boys with certificates of recognition. What time would the boys
Need to beat in order to earn a certificate of recognition from the fitness association?

• A)377.75 seconds
• B)396 seconds
• C)524 seconds
• D)542.25 seconds

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Definitions:

Classical Model

An economic model based on the principles of self-regulating markets, where supply and demand are balanced through competitive market forces without government intervention.

Keynes's Criticism

John Maynard Keynes's opposition to certain economic theories or policies, often emphasizing the importance of demand and government intervention in mitigating downturns.

Classical Theory

An economic theory emphasizing that markets function best without government interference and that economic problems are self-correcting.

Wage Rates

The amount of compensation workers receive per unit of time worked, often expressed hourly or annually.