On a Recent English Exam,if 94% of Scores Fell Above

question 94

Multiple Choice

On a recent English exam,if 94% of scores fell above 65 points and the standard deviation is 7.5,find the mean score (assuming the Normal model is appropriate) .

• A)7.05
• B)-53.34
• C)76.66
• D)61.75
• E)72.5

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Definitions:

Initial Price

The first set price of a product or service at the start of its market launch, before any discounts or adjustments.

Selective Distribution

A marketing strategy where a product is distributed through a limited number of channels or retailers to maintain exclusivity.

Juicy Fruit

A brand of chewing gum produced by the Wrigley Company, characterized by its sweet, fruity flavor.

Elastic Product

A product whose demand is highly sensitive to changes in price, meaning small price changes can result in significant changes in quantity demanded.