Where Would an IQ Score of 100 Put You on the Normal

question 156

Multiple Choice

Where would an IQ score of 100 put you on the normal curve, since IQ scores are assumed to be normally distributed?

• A)to the right of the centre of the normal curve
• B)at the centre of the normal curve
• C)your exact location depends on the performance of others taking the test with you
• D)to the left of the centre of the normal curve

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Definitions:

Money Supply

The overall total of financial resources found in an economy at a given instance.

Excess Reserves

The reserves banks hold over and above the legal requirement set by the central bank, often seen as a precautionary measure.

Individual Bank

An individual bank refers to a financial institution dealing with deposits and loans of consumers and businesses, distinguishing itself by offering personalized banking products and services.

Depression

An intense and extended period of economic recession marked by a substantial drop in Gross Domestic Product (GDP), elevated rates of joblessness, and a decrease in the general price level of goods and services.