The Average Score of 100 Students Taking a Statistics Final

question 38

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 25% of the students from the lower 75% of students?

• A)70.00
• B)74.69
• C)65.31
• D)75.25

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Definitions:

Dividend Payout Ratio

Dividend Payout Ratio is a financial metric that measures the proportion of a company's earnings paid out to shareholders in the form of dividends.

Retained Earnings

This refers to the cumulative amount of net income generated by a company that is reinvested in the business, minus any dividends paid out to shareholders.

Net Income

Net income, also known as net profit, is the total earnings of a company after all expenses and taxes have been deducted from revenue.

Planning Assumptions

The set of hypotheses upon which a plan or strategy is built, regarding future market conditions, costs, or other factors.