In economic theory, a “hurdle rate” is the minimum return that a person requires before he or she will make an investment. a research report says that annual returns from a specific class of common equities are distributed according to a normal distribution with a mean of 12% and a standard deviation of 18%. a stock screener would like to identify a hurdle rate such that only 1 in 20 equities is above that value.

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answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.