Solve the Problem

question 35

Multiple Choice

Solve the problem. Round results to the nearest hundredth.
-The mean of a set of data is 337.65 and its standard deviation is 96.01. Find the z score for a value of 422.02.

• A)1.18
• B)0.88
• C)0.97
• D)0.79

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Definitions:

Credit Card Company

A financial institution that issues credit cards, allowing cardholders to purchase goods and services on credit.

Installment Plan

A method of payment of a purchase or services over a period of time.

Finance Charge

A fee representing the cost of credit or the cost of borrowing, including interest and other associated expenses.

Down Payment

An upfront payment made when purchasing an item or property, typically a percentage of the total purchase price, signifying the buyer's commitment.