Suppose a Normal Distribution Has a Standard Deviation of 15

question 24

Multiple Choice

Suppose a normal distribution has a standard deviation of 15. Judy has a raw score of 120 and a z-score of .5. What is the mean of the distribution?

• A) -127.5
• B) -112.5
• C) +112.5
• D) +127.5

---

Definitions:

Absorption Costing

A method of accounting for costs in which all costs of manufacturing a product, including fixed and variable overheads, are absorbed by the products produced.

Fixed Overhead

Regular, ongoing costs incurred by a business that do not vary with production levels, such as rent, salaries, and insurance.

Period Cost

A financial term referring to costs that are not directly tied to the production process and are expensed in the period in which they are incurred.

Sales Revenues

The revenue a company earns from selling products or offering services.