At one university, the students are given z-scores at the end of each semester rather than the
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a. Translate each of the following z-scores to the corresponding GPA: z = 2.0, z = -1.0, z = .5, z = -2.5.
b. Students with z-scores below -1.6 are put on probation. What is the corresponding probationary GPA?
c. The president of the university wishes to graduate the top 16% of the students with cum laude honors and the top 2.5% with summa cum laude honors. Where (approximately) should the limits be set in terms of z-scores? In terms of GPAs? What assumption, if any, did you make about the distribution of the GPAs at the university?
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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Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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