Find the Number of Standard Deviations from the Mean

question 29

Multiple Choice

Find the number of standard deviations from the mean. Round your answer to two decimal places.
-The number of assists per match for the setter on your school's volleyball team has a mean of 55 and a standard deviation of 7. How many standard deviations from the mean is an outing with 70 assists?

• A) 2.14 standard deviations above the mean
• B) 1.07 standard deviations above the mean
• C) 2.14 standard deviations below the mean
• D) 1.07 standard deviations below the mean

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Definitions:

Common Stockholders

Individuals or entities that own shares of a company's common stock, giving them voting rights and a share in the company's profits through dividends.

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, often used to gauge the valuation of a company's shares.

Profitability

The degree to which a business or activity yields profit or financial gain, typically assessed through ratios such as net profit margin.

Investment by Common Stockholders

The total capital contribution from shareholders who own common stock in a company.