Professor Elderman Has Given the Same Multiple Choice Final Exam

question 50

Multiple Choice

Professor Elderman has given the same multiple choice final exam in his Principles of Microeconomics class for many years.After examining his records from the past 10 years,he finds that the scores have a mean of 76 and a standard deviation of 12. Refer to Exhibit 7-4.What is the probability that a class of 15 students will have a class average greater than 70 on Professor Elderman's final exam?

• A)0.0262
• B)0.6915
• C)0.9738
• D)Cannot be determineD.

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Definitions:

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The communication platforms used to promote and market products or services to target consumers.

Direct To Consumer

A business model where companies sell products directly to consumers, cutting out any intermediaries such as retailers or wholesalers.

Face-To-Face

Personal encounters or meetings involving direct eye contact and communication in the same space.

Industrial Distributor

A company that buys products directly from manufacturers and sells them to businesses or retail consumers.