Where Is a Score of X = 45 Located in a Distribution

question 43

Multiple Choice

Where is a score of X = 45 located in a distribution with a mean of 40 and a standard deviation of 12?

• A)​slightly above average
• B)​far above average
• C)slightly below average
• D)​far below average

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Definitions:

Investment Banks

Financial institutions that provide a variety of services including underwriting, acting as intermediaries in mergers and acquisitions, and facilitating securities issuance.

Subscription Price

The price at which existing shareholders can buy more shares of stock in a rights issue before it is offered to the public.

Rights Offering

A financing process in which a company offers existing shareholders the opportunity to purchase additional shares directly, usually at a discount and before the general public.

Institutional Investors

These are entities such as pension funds, mutual funds, insurance companies, and endowments that invest large amounts of money on behalf of individuals.