Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The distribution of grades in an introductory finance class is normally distributed, with an expected grade of 75. If the standard deviation of grades is

image text in transcribedThe distribution of grades in an introductory finance class is normally distributed, with an expected grade of 75. If the standard deviation of grades is 6, in what range would you expect 95.00 percent of the grades to fall?

Question 11 The distribution of grades in an introductory finance class is normally distributed, with an expected grade of 75. If the standard deviation of grades is 6, in what range would you expect 95.00 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 95.00% 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 you've 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.) 95.00 percent of the grades should fall beween the ranges (lower end) and (upper end)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions