Examlex

Solved

Two Psychology Majors, in Two Different Sections of Clinical Psychology

question 108

Short Answer

Two psychology majors, in two different sections of Clinical Psychology, were comparing test scores. The following gives the students' scores, class mean, and standard deviation for each section:
 Section 1  Section 2  Student score 8475 Mean 7560 Standard deviation 78\begin{array} { l c c } & \text { Section 1 } & \text { Section 2 } \\\text { Student score } & 84 & 75 \\\text { Mean } & 75 & 60 \\\text { Standard deviation } & 7 & 8\end{array}
-What is the z-score of the student from section 1 and what is the probability that a student in section 1 will score higher than 84?


Definitions:

Uncollectible Accounts

Debts owed to a company that are deemed uncollectable and written off as a bad debt expense.

Stockholders' Equity

The ownership stake of shareholders in a corporation, calculated as the value of the company's assets minus its liabilities.

Common Stock

A type of equity security that represents ownership in a corporation, usually carrying voting rights.

Shares Outstanding

Shares outstanding refer to the total number of a company's shares that are currently held by all its shareholders, including share blocks held by institutional investors and restricted shares.

Related Questions