(a) On a normal distribution of exam scores, Poindexter scored at the 10th percentile, so he claims...

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(a) On a normal distribution of exam scores, Poindexter scored at the 10th percentile, so he claims that he outperformed 90% of his class. Why is he correct or incorrect?
(b) Because Foofy’s score is in a tail of the distribution, she claims she had one of the highest scores on the exam. Why is she correct or incorrect?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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