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Grades for a Statistics Exam for a Certain Class Follow

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Grades for a statistics exam for a certain class follow the normal probability distribution with a mean of 82 and a standard deviation of 12.What percentage of the students in the class had a grade 81 or more?


Definitions:

Bond Indenture

A legal document detailing the terms and conditions of a bond issue, including the interest rate, maturity date, and obligations of the issuer.

Legal Document

A formal document that records agreements, contracts, or declarations and is recognized and enforceable by law.

Face Value

The nominal value printed on a financial instrument like a bond or currency note, representing its legal value.

Issuer

An entity, such as a corporation or government, that develops and offers securities for sale to investors to raise capital.

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