3. Find the cutoff points for A, B, C, D, and F grades corresponding to these rounded values.

Very often, at the end of an exam that seemed particularly difficult, students will ask the professor, "Are you going to curve the grades?" Unfortunately, "curving the grades" doesn't necessarily mean that you will receive a higher grade on a test, although you might like to think so! Curving grades is actually a technique whereby a fixed proportion of the highest grades receive As (even if the highest grade is a failing grade on a percentage basis), and a fixed proportion of the lowest grades receive Fs (even if the lowest score is a passing grade on a percentage basis). The B, C, and D grades are also assigned according to fixed proportion. One such allocation uses the following proportions.

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Letter Grade A B C D F Proportion of grades 10% 20% 40% 20% 10%