For a Hypothetical Normal Distribution of Test Scores,approximately 95% Fall

question 37

Essay

For a hypothetical normal distribution of test scores,approximately 95% fall between 38 and 62,2.5% are below 38,and 2.5% are above 62.Given this information,(a)the mode = _________ and (b)the standard deviation = _________.

---

Definitions:

Accumulated Other Comprehensive Income

A section of equity that captures unrealized gains and losses affecting shareholders' equity not included in net income.

Financing Activities

Transactions and events where a company either raises funds through borrowing or repaying debts, or issues and repurchases its own shares.

Order of Presentation

the sequence in which financial information is organized and presented in financial statements, typically following accounting standards or regulations.

Cash Equivalents

Short-term, highly liquid investments that are easily convertible to a known amount of cash and are subject to insignificant risk of changes in value.