Question
A random sample of 2,000 students who sat for the Graduate Management Admission Test (GMAT) is selected. For this sample, the mean GMAT score is
A random sample of 2,000 students who sat for the Graduate Management Admission Test (GMAT) is selected. For this sample, the mean GMAT score is x = 540 points and the standard deviation is s = 100 points. One student from the sample, Kara Smith, had a GMAT score of x = 440 points. What is Kara’s sample z-score? That does this z-score implies?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
4th Edition
1439078084, 978-1439078082
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