Find the Number of Standard Deviations from the Mean

question 183

Multiple Choice

Find the number of standard deviations from the mean. Round your answer to two decimal places.
-In one town, the number of pounds of sugar consumed per person per year has a mean of 8 pounds and a standard deviation of 1.7 pounds. Tyler consumed 11 pounds of sugar last year. How many standard deviations
From the mean is that?

• A) 1.76 standard deviations below the mean
• B) 1.76 standard deviations above the mean
• C) 1.00 standard deviations above the mean
• D) 1.00 standard deviations below the mean

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Definitions:

Weighted Average Cost of Capital (WACC)

The average rate of return a company is expected to pay its securities holders, weighted by the proportion each financing source contributes to the total capital structure.

Corporate Tax Rates

The percentage of corporate profits taken as tax by the government.

After-Tax Cost

The net cost of an investment or transaction after considering the effects of taxes on its overall expenses or returns.