The Distribution of Scores on a Test Is Mound-Shaped and Symmetric

question 7

Multiple Choice

The distribution of scores on a test is mound-shaped and symmetric with a mean score of 78. If 68% of the scores fall between 72 and 84, which of the following is most likely to be the standard
Deviation of the distribution?

• A)2
• B)12
• C)3
• D)6

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Definitions:

Fair Value

An estimated market value of an asset or liability, derived from current prices in an active market.

Amortization

The act of gently reducing the initial value of an intangible asset over the time it benefits the entity.

Goodwill Impairment

An accounting process where the recorded value of goodwill is adjusted downward if it exceeds the fair value.

Qualitative Assessment

An evaluation process that focuses on non-quantifiable factors such as quality of management or brand reputation.