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The scores of high-school students sitting a mathematics exam were normally distributed, with a mean of 86 and a standard deviation of 4.
a. What is the probability that a randomly selected student will have a score of 80 or less?
b. If there were 97 680 students with scores higher than 91, how many students took the test?
Financial Statements
Official records that outline the financial activities and condition of a business, individual, or other entity.
Average Collection Period
The mean number of days a company waits to get payments from customers for products or services provided on credit.
Balance Sheet
A document showcasing a corporation's assets, obligations, and the equity held by shareholders on a specific date.
Sales On Account
Transactions where goods or services are delivered but payment is delayed, creating an account receivable on the balance sheet.
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