Given That on One Section of the SAT the Mean

question 49

Multiple Choice

Given that on one section of the SAT the mean is 500 and the standard deviation is 100,what is the approximate probability of a student scoring 400 or lower or 700 or higher on the test?

• A) .12
• B).18
• C).45
• D).24

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Definitions:

Cash Collections

The process of receiving and managing payments from customers for goods or services provided.

Accounts Receivable

Money owed to a company by its customers for goods or services delivered but not yet paid for.

Zero-Based Budgeting

A budgeting method where all expenses must be justified for each new period, starting from a "zero base," rather than just adjusting previous budgets.

Cash Budget

An estimate of cash inflows and outflows over a specific period, used to manage and plan for cash needs.