Question

The Graduate Management Admission Test (GMAT) is a standardized exam used by many universities as part of the assessment for admission to graduate study in business. The average GMAT score is (Magoosh website, January 5, 2015). Assume that GMAT scores are bell-shaped with a standard deviation of . a. What percentage of GMAT scores are or higher

Answer 1

The answer is "16%".

Explanation:

Its empirical rule suggests which 68% of the very first standard deviation, 95% of the very first 2 standard deviations or 99.7% of the very first three standard deviations of the variance average fall.

`z =647 \\\\z=((647-547))/(100)= (100)/(100)=1`

The empirical rule indicates the first standard deviation around 68 percent.

So,

`=((100-68))/(2) \\\\=(32)/(2) \\\\= 16 \% \ drop \ 647 \ and \ above`