Question: The grades on the midterm examination given in a large managerial statistics class are normally distributed with mean 75 and standard deviation 9. The instructor

The grades on the midterm examination given in a large managerial statistics class are normally distributed with mean 75 and standard deviation 9. The instructor of this class wants to assign an A grade to the top 10% of the scores, a B grade to the next 10% of the scores, a C grade to the next 10% of the scores, a D grade to the next 10% of the scores, and an F grade to all scores below the 60th percentile of this distribution. For each possible letter grade, find the lowest acceptable score within the established range. For example, the lowest acceptable score for an A is the score at the 90th percentile of this normal distribution.

Step by Step Solution

3.37 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Excel file Icon

415-M-S-P (1092).xlsx

300 KBs Excel File

Students Have Also Explored These Related Statistics Questions!