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Most graduate schools of business require applicants for admission to take the Graduate Management Admission Council's GMAT examination. Scores on the GMAT are normally distributed
Most graduate schools of business require applicants for admission to take the Graduate Management Admission Council's GMAT examination. Scores on the GMAT are normally distributed with a mean of 527 and a standard deviation of 112. a) Draw a Normal curve with the mean and three standard deviations above and below the mean labeled. b) Use the 68-95-99.7 rule to label all the percentages under the Normal curve. c) Find the percent of applicants that have a score less than 511. Show your work. d) Find the percent of applicants that have a score more than 575. Show your work. e) Find the percent of applicants that have a score between 490 and 540. Show your work. f) Find the GMAT score for the top 7% of applicants. Show your work. g) Find the GMAT score for the bottom 4% of applicants. Show your work
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