The GMAT scores from a sample of 50 applicants to an MBA program indicate that none of

Question:

The GMAT scores from a sample of 50 applicants to an MBA program indicate that none of the applicants scored below 450. A frequency distribution was formed by choosing class intervals 450 t0 499, 500 t0 549 and so on with the last class having an interval from 700 to 749. Two applicants scored the interval from 700 to 749. Two applicants scored in the interval of 450 to 499 and 16 applicants scored in an interval 500 to 549.

a. What is the percentage of applicants scored below zero?

b. What percentage of applicants scored between 500 and 549?

c. What percentage of applicants scored below 550?

d. What percentage of applicants scored below 750?

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...