The distribution of the SAT scores in math for an in-coming class of business students has a
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The distribution of the SAT scores in math for an in-coming class of business students has a mean of 590 and standard deviation of 22. Assume that the scores are normally distributed.
a. Find the probability that an individual’s SAT score is less than 550.
b. Find the probability that an individual’s SAT score is between 550 and 600.
c. Find the probability that an individual’s SAT score is greater than 620.
d. What percentage of students will have scored better than 700?
e. Find the standardized values for students scoring 550, 600, 650, and 700 on the test.
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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Related Book For 
Business Analytics Methods Models and Decisions
ISBN: 978-0321997821
2nd edition
Authors: James R. Evans
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