Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The distribution of grades in an introductory finance class is normally distributed, with an expected grade of 67. If the standard deviation of grades is
The distribution of grades in an introductory finance class is normally distributed, with an expected grade of 67. If the standard deviation of grades is 8, in what range would you expect 95.00 percent of the grades to fall? (Round answer to 2 decimal places, e.g. 15.25. Hint: Think in terms of what the expected highest and lowest scores would be for 95.00% of the students taking the exam.)
95.00 percent of the grades should fall beween the ranges
(lower end) ______
(upper end) .______
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