The Normal Distribution Has a Greater Percentage of Its Area

question 188

Multiple Choice

The normal distribution has a greater percentage of its area close to the mean and much less in the tails.
-Assume that adults have IQ scores that are normally distributed with a mean of 100 and a standard deviation of 15 (as on the Wechsler test) . Find the probability that a randomly selected adult has an IQ between 90 and 120
(somewhere in the range of normal to bright normal) .

• A) 0.6227
• B) 0.6568
• C) 0.6014
• D) 0.6977

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Definitions:

Adjusted Cash Balance

The cash amount shown in the accounting records after adjustments have been made for checks, deposits in transit, and other items.

May Bank Reconciliation

A process undertaken to verify the accuracy of financial records by comparing the May bank statement with the company's internal records.

Deposits in Transit

Funds that have been recorded by a company but not yet by its bank, typically due to timing differences.

Bank Reconciliation

The process of comparing and adjusting a company's book balance of an account with the balance reported by a bank to find any possible discrepancies.