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the average score on the first finance exam is 82%. the standard deviation is 9%. 20 students took the exam. the average score on the second exam was 81%, with a standard deviation of 8%, but only 16 students took this exam. (8 pts) a. for the first exam: what percentage of the students would you expect to have scored above 91%? b. for the second exam: what percentage of the students would you expect to have scored below 65%? 3

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Final answer:

For the first exam, approximately 15.87% of the students would have scored above 91%. For the second exam, approximately 97.72% of the students would have scored above 65%.

Step-by-step explanation:

a. For the first exam:

To find the percentage of students who would have scored above 91%, we need to calculate the z-score for 91. The formula for calculating the z-score is:

z = (x - μ) / σ

where x is the value we want to find the percentage for, μ is the mean, and σ is the standard deviation. Plugging in the values for the first exam:

z = (91 - 82) / 9

z ≈ 1

Looking up the z-score in a z-table, we find that approximately 84.13% of the students would have scored below 91. Therefore, approximately 15.87% of the students would have scored above 91%.

b. For the second exam:

To find the percentage of students who would have scored below 65%, we can use the same formula for calculating the z-score. Plugging in the values for the second exam:

z = (65 - 81) / 8

z ≈ -2

Looking up the z-score in the z-table, we find that approximately 2.28% of the students would have scored below 65%. Therefore, approximately 97.72% of the students would have scored above 65%.

User Bo Kristensen
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