An Instructor Has Given His Final Exam and Scores That

question 6

Multiple Choice

An instructor has given his final exam and scores that are normally distributed.Nancy scores a 90 and Ronald scores a 75.The class mean on the exam was 85 and the standard deviation was 36.What is Ronald's z score?

• A)1.67
• B)-1.67
• C)0.28
• D)-0.28

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Definitions:

Salvage Value

The estimated resale value of an asset at the end of its useful life, important for depreciation calculations.

Market Value

Market value is the current price at which an asset or service can be bought or sold in a marketplace, often influenced by supply and demand dynamics.

Useful Life

The estimated period over which an asset is expected to be usable for its intended purpose.

Plant Asset

Long-term tangible assets used in the production and operation of a company, excluding inventory.