A Study Reported by the Michigan State Campus Newspaper Stated

question 48

Multiple Choice

A study reported by the Michigan State campus newspaper stated that the average time MSU students spent studying last month was is 58.3 hours, with a standard deviation of 14 hours.If the study time distribution is normal, what percentage of students spent between 40 and 80 hours studying?

• A).8443
• B).7486
• C).8051
• D).7224
• E)..8962

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Definitions:

Total Revenues

The full amount of income generated by the sale of goods or services before any expenses are subtracted.

Government Program

refers to an official initiative or project established and funded by a government to achieve specific goals or provide certain services to its citizens.

Land Under Cultivation

Land that is actively used for the production of crops and agricultural goods.

Cross-Price Elasticity

A measure of how the quantity demanded of one good responds to a change in the price of another good.