Solve the Problem $\mathrm { Q } _ { 3 }$

question 35

Multiple Choice

Solve the problem.
-Scores on a test have a mean of 67 and $\mathrm { Q } _ { 3 }$ is 83. The scores have a distribution that is approximately normal. Find the standard deviation. Round your answer to the nearest tenth.

• A) 21.3
• B) 12
• C) 10.7
• D) 23.9

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Definitions:

Product Costing

The process of determining the total cost involved in creating a product, considering materials, labor, and overheads.

Job Order Costing

A cost accounting system that assigns manufacturing costs to an individual product or batches of products, typically used for custom orders or unique products.

Cost-Benefit Decision

The process of comparing the costs and benefits associated with a decision, project, or investment, to determine its feasibility or profitability.

Customer Profitability

The profit that a company makes from serving a particular customer or client group over time.