Find the Z-Score Corresponding to the Given Value and Use

question 188

Multiple Choice

Find the z-score corresponding to the given value and use the z-score to determine whether the value is unusual.
Consider a score to be unusual if its z-score is less than -2.00 or greater than 2.00. Round the z-score to the nearest tenth
if necessary.
-A time for the 100 meter sprint of 14.9 seconds at a school where the mean time for the 100 meter sprint is 17.6 seconds and the standard deviation is 2.1 seconds.

• A) -1.3; not unusual
• B) -2.7; unusual
• C) 1.3; not unusual
• D) -1.3; unusual

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Definitions:

Federal National Mortgage Association

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Put Option

A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a specified price within a specified time.

Underlying Asset

The financial asset upon which derivatives such as options and futures are based, determining their value.