A Frequency Distribution Has a Mean of 100 and a Standard

question 55

Multiple Choice

A frequency distribution has a mean of 100 and a standard deviation of 20. The class limits for one class are 50 up to 60. What are the standard normal z-statistics for the class limits?

• A)−20 and 20
• B)−2.5 and −2.0
• C)2.0 and 2.5
• D)−50 and −40

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Definitions:

Internal Control

Actions and procedures a company adopts to ensure the fidelity of its financial and accounting narratives, boost accountability, and inhibit fraudulence.

Information And Communication

The processes and tools used to collect, transmit, store, and process data to facilitate decision-making and coordination within an organization.

Debit Memo

An adjustment notice sent to suppliers indicating a reduction in the amount due, typically for returned goods or invoice errors.

Miscellaneous Expense

Costs incurred by a business that don't fit into standard expense categories.