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Most graduate schools of business require applicants for admission to take theGraduate Management Admission Council's GMAT examination. Scores on the GMATare roughly normally distributed with

Most graduate schools of business require applicants for admission to take theGraduate Management Admission Council's GMAT examination. Scores on the GMATare roughly normally distributed with a mean of 527 and a variance of 12,544.

a) What is the probability of an individual scoring above 500 on the GMAT?

b) How high must an individual score on the GMAT in order to score in the highest 5%?

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