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Homework: 6 (Normal Distribution) QR-II Most graduate schools of business require applicants for admission to take the Graduate Management Admission Council's GMAT examination. Scores on
Homework: 6 (Normal Distribution) QR-II Most graduate schools of business require applicants for admission to take the Graduate Management Admission Council's GMAT examination. Scores on the GMAT are roughly normally distributed with a mean of 527 and a standard deviation of 112. How high must an individual score on the GMAT in order to score in the highest 25%? (5 pts) Suppose that the data concerning the rst-year salaries of Baruch graduates is normally distributed with the population mean u = $60,000 and the population standard deviation 0' = $15000. What percentage of Baruch graduates earn less than $45,000 annually? (5 pts) If the depth of the snow in my yard is normally distributed, with p = 2.5" and o = .25", what percentage of my yard will have a snow depth between 2.25 and 3 inches? (5 pts) 4. Interpret the change in average temperature from the following Normal Curves. (5 pts) H U z E D U O O In O t! E E 3 E INCREASE IN AVERAGE TEMPERATURE > PREVIOUS NEW CLIMATE CLIMATE More hot weather Less cold weather More record hot weather Average PREVIOUS RECORD
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