Regarding Bell Curve Assumptions, Which of the Following Is True

question 67

Multiple Choice

Regarding bell curve assumptions, which of the following is true?

• A)About 95 per cent of the population will achieve an IQ test score between 70 and 130.
• B)About 75 per cent of the population will achieve an IQ test score above 130.
• C)About 20 per cent of the population will achieve an IQ test score below 70.
• D)About 20 per cent of the population will achieve an IQ test score above 150.

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Definitions:

Break-Even Point

The production level at which total revenues equal total expenses, and the company or project is not making a profit or a loss.

Fixed Operating Costs

The expense that does not change with the level of production or sales over a short period.

Variable Costs

Costs that vary directly with the level of production or output, such as raw materials and labor expenses.

Unit Sales Volume

The total quantity of units sold of a product or service within a specific period.