Susan Has Been on a Bowling Team for 14 Years

question 2

Multiple Choice

Susan has been on a bowling team for 14 years.After examining all of her scores over that period of time,she finds that they follow a normal distribution.Her average score is 225,with a standard deviation of 13. Refer to Exhibit 7-3.If during a typical week Susan bowls 16 games,what is the probability that her average score for the week is between 220 and 228?

• A)0.0618
• B)0.2390
• C)0.7594
• D)0.8212

---

Definitions:

Intrinsic Value

The actual, fundamental value of an asset, stock, or company calculated through analysis independent of market value.

Annual

The term annual refers to something that occurs once every year, used in various contexts such as annual reports, annual meetings, or annual events.

Callable Bonds

A type of bond that can be redeemed by the issuer before its maturity date at a predetermined price.