You Were Told That the Mean Score on a Statistics

question 166

Short Answer

You were told that the mean score on a statistics exam is 75 with the scores normally distributed.In addition,you know the probability of a score between 55 and 60 is 4.41% and that the probability of a score greater than 90 is 6.68%.What is the probability of a score lower than 55?

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Definitions:

Consolidations

Combinations of two or more corporations where none of the original corporations continue to exist as a legal entity.

Asset Purchase

A type of business transaction where the buyer acquires specific assets and liabilities from the seller instead of buying the company's shares.

Tangible Assets

Physical and material assets that hold value, such as machinery, buildings, and land.

Intangible Assets

Non-physical assets of value owned by a business, such as intellectual property, brand recognition, and goodwill.