Question
The distribution of grades in an introductory finance class is normally distributed, with an expected grade of 65. If the standard deviation of grades is
The distribution of grades in an introductory finance class is normally distributed, with an expected grade of 65. If the standard deviation of grades is 14, in what range would you expect 90.00 percent of the grades to fall? (Round answers to 2 decimal places, e.g. 15.25. Hint: Think in terms of what the expected highest and lowest scores would be for 90.00% of the students taking the exam.)
Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values youve been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.)
90.00 percent of the grades should fall beween the ranges (lower end) _____end of the range and (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