The LSAT (a test taken for law school admission) has a mean score of 151 with a
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a) What would you expect the distribution of mean class scores to be for each organization?
b) If either organization has a graduating class with a mean score of 160, they'll take out a full-page ad in the local school paper to advertise. Which organization is more likely to have that success? Explain.
c) Both organizations advertise that if any class has an average score below 145, they'll pay for everyone to retake the LSAT. Which organization is at greater risk to have to pay?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Stats Data And Models
ISBN: 662
4th Edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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