Suppose You Have a Normal Distribution of Scores with a Mean

question 124

Multiple Choice

Suppose you have a normal distribution of scores with a mean of 80 and a standard deviation of 5. What is the approximate value of a score with a percentile rank of 16 percent?

• A) 75
• B) 70
• C) 68
• D) 32

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Definitions:

Coupon Bond

A bond that pays the holder a fixed interest payment (coupon) at regular intervals until the maturity date, when the principal amount is repaid.

Market Yield

The current return on investment for a security, factoring in its price variations and dividend payments.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or currency note.

Real Rate Of Return

The yearly percent yield earned from an investment, after accounting for variations in price caused by inflation or various external influences.