If the Mean of a Distribution Is 5 and the Standard

question 37

Multiple Choice

If the mean of a distribution is 5 and the standard deviation is 3,what is the z score that is equivalent to a raw score of 11?

• A) 2
• B) -2
• C) 55
• D) 4

---

Definitions:

Explicit Interest

The stated interest rate on a loan or financial instrument, not including the effects of compounding or any hidden charges.

Factoring

Financing method where a firm sells its accounts receivables, usually to a specialized financing company, at a discount to their full value.

Receivables

Payments due from clients to a business for the delivery of goods or services that have not yet been compensated.

Collateral

An asset or property that a borrower offers to a lender as security for a loan, which the lender can seize if the borrower fails to make required payments.