The Probability That a Randomly Selected Case Will Have a Score

question 10

Multiple Choice

The probability that a randomly selected case will have a score beyond ± 1.00 standard deviation of the mean is________.

• A) 0.6826.
• B) 0.5000.
• C) 0.3174.
• D) 1/2 of the area of 1 standard deviation.

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Definitions:

Noncumulative

Noncumulative refers to a type of preferred stock where dividends do not accumulate if they are not declared or paid in a given dividend period.

Dividends in Arrears

Dividends on cumulative preferred stock that have not been paid in the period they are due.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and stockholders' equity as of a specific date, showing the company's financial position.

Sole Proprietorship

A business structure owned by a single individual, where the owner and the business are legally considered the same.