Professor Elderman Has Given the Same Multiple-Choice Final Exam in His

question 13

Multiple Choice

Professor Elderman has given the same multiple-choice final exam in his Principles of Microeconomics class for many years. After examining his records from the past 10 years, he finds that the scores have a mean of 76 and a standard deviation of 12. What is the probability that a class of 15 students will have a class average greater than 70 on Professor Elderman's final exam?

• A) 0.0262
• B) 0.6915
• C) 0.9738
• D) Cannot be determined.

---

Definitions:

Group Boycott

An agreement by two or more sellers to refuse to deal with a particular person or firm.

Engine Parts Company

A company specializing in the manufacture, distribution, or sale of components used in the construction or repair of engines.

Sherman Act

A landmark federal statute in the field of United States antitrust law passed by Congress in 1890 which prohibits monopolistic and anti-competitive practices.

Per Se Violation

An action that is inherently illegal, regardless of intent or the circumstances surrounding the action.