The Intelligence Quotient (IQ) Test Scores Are Normally Distributed with a Mean

question 99

Multiple Choice

The Intelligence Quotient (IQ) test scores are normally distributed with a mean of 100 and a standard deviation of 15. What is the probability that a person would score 130 or more on the test?

• A) 0.0228
• B) 0.9772
• C) 0.4772
• D) 0.9544

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Definitions:

Assets Decrease

Assets decrease refers to a reduction in the total value of a company’s assets, which can result from factors like asset sales, depreciation, or impairments.

Cost of Goods Sold

The direct financial outlays for making the goods a company offers for sale, including the cost of materials and labor.

Supplies Account

An account used to track the costs of supplies that have not been consumed by the end of an accounting period.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and payroll.