Question
How Laude? Many educational institutions award three levels of Latin honors often based on GPA. These are cum laude (with high praise), magna cum laude
How Laude? Many educational institutions award three levels of Latin honors often based on GPA. These are cum laude (with high praise), magna cum laude (with great praise), andsumma cum laude (with highest praise). Requirements vary from school to school. Suppose the GPAs at State College are normally distributed with a mean of 2.7 and standard deviation of 0.49.
(a) Suppose State College awards the top 2% of students (based on GPA) with the summa cum laude honor. What GPA gets you this honor? Round your answer to 2 decimal places.
______GPA or higher
(b) Suppose State College awards the top 10% of students (based on GPA) with the magna cum laude honor. What GPA gets you this honor? Round your answer to 2 decimal places.
______ GPA or higher
(c) Suppose State College awards the top 20% of students (based on GPA) with the cum laude honor. What GPA gets you this honor? Round your answer to 2 decimal places.
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
