1. Final Statistics exam has a mean of 70 and standard deviation of 10. If the top 5% of students get a $1000 scholarship, what is the minimum mark in this exam to be eligible for scholarship?

a. 86.5

b. 85

c. 90

d. 99

e. 95.5

2. Final Statistics exam has a mean of 70 and standard deviation of 10. Students fail the course if they get less than 50. What percent of students fail the course?

a. 1.95%

b. 2.275%

c. 5%

d. 0%

e. 3.897%