Refer to the Applied Psychology in Criminal Justice (Sep. 2009) study of convicted drug dealers' motivations, Exercise
Question:
a. Find and interpret the z-score for a drug dealer with a WR score of 30 points.
b. What proportion of the sampled drug dealers had WR scores below 39 points? (Assume the distribution of WR scores is mound-shaped and symmetric.)
c. If 5% of convicted drug dealers have WR scores above 49 points, give a percentile ranking for the WR score of 49.
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the... 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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Related Book For
Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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