In a Normally Distributed Set of Scores, Which of the Following

question 36

Multiple Choice

In a normally distributed set of scores, which of the following differences in percentile units will correspond to the smallest difference in raw score units?

• A) 50-55
• B) 10-15
• C) 70-75
• D) 94-99

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Definitions:

Marginal Utility

is the additional satisfaction or benefit a consumer derives from consuming one more unit of a good or service.

Total Utility

The total satisfaction or benefit a person derives from consuming a certain quantity of goods or services.

Consumer Derives

The satisfaction or utility that a consumer obtains from purchasing and using goods or services.

Satisfaction

The fulfilment of one's needs or desires through the consumption of goods or services, often used as a measure of consumer contentment with a product.