Answered step by step
Verified Expert Solution
Question
1 Approved Answer
At least one of the answers above is NOT correct. The exam scores on a certain Society of Actuaries (SOA) professonal examination are Normally distributed
At least one of the answers above is NOT correct. The exam scores on a certain Society of Actuaries (SOA) professonal examination are Normally distributed with a mean score of p = 63% and a standard deviation of a = 7%. (a) What is the probability that a random chosen person who is writing this SOA exam will score at most 69%? Note, when finding/using z-values, use three decimals. H 0.8051 E (use four decimals in your answer) (b) What proportion of all persons writing this SOA Exam will score between 72% and 82% on the exam? Use four decimals in your answer. U 0.0951 (c) 29% of all persons writing this SOA Examination will not pass. What is the minimum mark needed to pass this exam? Enter your answer to two decimal places, and enter as a percentage. 59.13 U % Preview My Answers Submit Answers Your score was recorded
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started