Scores on a Test Have a Mean of 74 and a Standard

question 67

Multiple Choice

Scores on a test have a mean of 74 and a standard deviation of 12. Michelle has a score of 50. Convert Michelle's score to a z-score.

• A) 24
• B) -24
• C) 2
• D) -2

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Definitions:

Discount Rate

The discount rate that is employed to ascertain the present worth of future cash streams in a discounted cash flow assessment.

MBA Programs

Masters of Business Administration programs, advanced degrees focusing on business management, leadership, and specialized areas of study.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period, used in capital budgeting to assess the profitability of an investment.

Tuition

The fee charged by educational institutions for instruction and training services.