The Average Score of 100 Students Taking a Statistics Final

question 16

Multiple Choice

The average score of 100 students taking a statistics final was 70,with a standard deviation of 7. Assuming a normal distribution,what test score separates the top 5% of the students from the lower 95% of the students?

• A)81.55
• B)90.00
• C)83.72
• D)78.96

Comprehend how marginal and average tax rates operate and their implications on taxable income.

Recognize the impact of tax policies on different income groups, including the economic behaviors it incentivizes.

Identify major sources of federal revenue and understand the budget allocation to different expenditures.

Understand the historical and current tax rates, and predict the effects of future changes in tax legislation.

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Definitions:

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