Business
Business, 14.02.2020 21:13, deveronyarbrough

Normal is only approximate: ACT scores. Composite scores on the ACT test for the 2013 high school graduating class had mean 20.9 and standard deviation 5.4. In all, 1,799,243 students in this class took the test. Of these, 170,777 had scores higher than 28, and another 56,351 had scores exactly 28. ACT scores are always whole numbers. The exactly Normal N(20.9, 5.4) distribution can include any value, not just whole numbers. What is more, there is no area exactly above 28 under the smooth Normal curve. So ACT scores can be only approximately Normal. To illustrate this fact, find (a) the percent of 2013 ACT scores greater than 28 using the actual counts reported. (b) the percent of 2013 ACT scores greater than or equal to 28, using the actual counts reported. (c) the percent of observations that are greater than 28 using the N(20.9, 5.4) distribution. (The percent greater than or equal to 28 is the same, because there is no area exactly over 28.)

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 02:40, shadow29916
Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.
Answers: 2
image
Business, 22.06.2019 08:30, ansarishaheer2888
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 3
image
Business, 22.06.2019 16:40, editsa
Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.
Answers: 1
image
Business, 22.06.2019 17:30, Blakemiller2020
Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.
Answers: 2
Do you know the correct answer?
Normal is only approximate: ACT scores. Composite scores on the ACT test for the 2013 high school gr...

Questions in other subjects:

Konu
Biology, 06.05.2021 04:00
Konu
Mathematics, 06.05.2021 04:00
Konu
Mathematics, 06.05.2021 04:00
Konu
Chemistry, 06.05.2021 04:00