Professor Moriarty has never taken a formal statistics course; however, he has heard about the bell-shaped curve
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The following test grades occur on the midterm exam for his class: 78 85 93 62 82 76 74 73 91 66 89 88 86 94 65 90 84 92 94 92 82 85 80 77 52 84 78 83
a) You are working as Professor Moriarty's graduate assistant and he has asked that you use the Empirical Rule to determine which of these grades he should assign as "A," "B," "C," "D," and "F." After finding the mean and standard deviation for the midterm grades, give the interval of test scores that will qualify for each letter category. (In other words, what range of scores will earn an "A," "B," and so on?) Also give how many students will earn each letter grade using this grading scheme.
b) Determine the number of students who would receive an "A," "B," "C," "D," and "F" using a standard grading scheme where 90-100 earns an "A," 80-89 earns a "B," 70-79 earns a "C," 65-69 earns a "D," and below 65 earns an "F." Describe this grade distribution and contrast it with the one that results from using the bell curve.
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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Essentials Of Business Statistics Communicating With Numbers
ISBN: 9780078020544
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly
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