Rich's First Psychology Exam Score Is +1 Standard Deviation from the Mean

question 25

Multiple Choice

Rich's first psychology exam score is +1 standard deviation from the mean in a normal distribution.The test has a mean of 60 and a standard deviation of 6.Rich's percentile rank would be approximately

• A)70%.
• B)84%.
• C)66%.
• D)cannot determine from the information given

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Definitions:

Price Level

An index or average that reflects the overall price of goods and services in an economy at a given time, often used to measure inflation or deflation.

Long-Run Aggregate Supply

The Long-Run Aggregate Supply represents the total production of goods and services in an economy at full employment, unaffected by short-term fluctuations.

Recessionary Gap

Occurs when the actual output of an economy is less than the potential output, indicating underutilized resources.

Actual Output

The actual total value of goods and services produced by an economy over a specific period.