Use the Empirical Rule to Describe Data That Are Bell $99.85 \%$

question 132

Multiple Choice

Use the Empirical Rule to Describe Data That Are Bell Shaped
-Many firms use on-the-job training to teach their employees new software. Suppose you work in the personnel department of a firm that just finished training a group of its employees in new software, and you have been requested to review the performance of one of the trainees on the final test that was given to all trainees. The mean and standard deviation of the test scores are 84 and 3 , respectively, and the distribution of scores is bell shaped. What percentage of test-takers scored better than a trainee who scored 75 ?

• A) approximately \(99.85 \%\)
• B) approximately \(84 \%\)
• C) approximately \(95 \%\)
• D) approximately \(97.5 \%\)

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Definitions:

Held To Maturity

Refers to debt securities that an investor intends and has the ability to hold until they mature, as opposed to selling before maturity.

Stock Dividend

A distribution of additional shares of a company’s own stock to its shareholders instead of cash, usually based on a fixed ratio to the current holdings.

Gain (Loss)

The financial result that occurs when the selling price of an asset is higher (gain) or lower (loss) than its purchase price.

Compute

To calculate or process by means of a computer or mathematical operations.