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icang [17]
3 years ago
12

The GRE is an entrance exam that most students are required to take upon entering graduate school. In 2014, the combined scores

for the Verbal and Quantitative sections were approximately normally distributed with a mean of 310 and a standard deviation of 12.
What percent of scores were between 286 and 322? Round your answer to the nearest whole number.

Mathematics
2 answers:
Alexxx [7]3 years ago
6 0

Answer:

82%

Step-by-step explanation:

Data:

mean, μ = 310

standard deviation, σ = 12

We need to use the standard normal distribution table (see figures attached).

Z is calculated as follows:

Z = (x - μ)/σ

Replacing with x = 286 and x = 322:

Z = (286 - 310) / 12 = -2

Z = (322 - 310) / 12 = 1

So, we need to find:  

P(-2 ≤ Z ≤ 1) =

= P(-2 ≤ Z ≤ 0) + P(0 ≤ Z ≤ 1)

From the first table:

P(-2 ≤ Z ≤ 0) = 0.5 - P(Z ≤ -2) = 0.5 - 0.0228 = 0.4772

From the second table:

P(0 ≤ Z ≤ 1) = 0.3413

Then,

P(-2 ≤ Z ≤ 1) = 0.4772 + 0.3413 = 0.8185, which as a percentage is 0.8185*100 = 81.85% ≈ 82%

zvonat [6]3 years ago
3 0
82% of the scores will be between 286 and 322.

To find this answer, we need to find the z-scores for 286 and 322. This is done by diving the difference from the mean by the standard deviation.

(286 - 310) / 12 = -2 which gives a percent of 2.28%
(322 - 310) / 12 = 1 which gives a percent of 84.13%

Subtracting those 2 percents will tell us the difference between the two scores.

84.13 - 2.28 = 81.85% or about 82%
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3a {}^{2}  = 3 \times \: a  \times a
6a = 3 \times 2 \times a

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3 years ago
What is the probability of the following, (for each answer, enter an exact number)
Shalnov [3]

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Probability of certain event P(E) = 1

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8 0
3 years ago
Kase, an individual, purchased some property in Potomac, Maryland, for $217,000 approximately 10 years ago. Kase is approached b
Advocard [28]

The question is incomplete.

The complete question is

Kase, an individual, purchased some property in Potomac, Maryland, for $217,000 approximately 10 years ago. Kase is approached by a real estate agent representing a client who would like to exchange a parcel of land in North Carolina for Kase’s Maryland property. Kase agrees to the exchange.

What is Kase’s realized gain or loss, recognized gain or loss, and basis in the North Carolina property in each of the following alternative scenarios? (Loss amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.)

a. The transaction qualifies as a like-kind exchange and the fair market value of each property is $907,500.

b. The transaction qualifies as a like-kind exchange and the fair market value of each property is $199,000.

Answer:

A. Realized gain(907500-217000)= 609,500

Recognized gain= 0

Adjustment basis in new property=217,000.

B. Realised loss ( 199000 - 217000) = 18,000

Recognized loss= 0

Adjusted basis in new property= 217000

Step-by-step explanation:

A.

Realized gain(907500-217000)= 609,500

Recognized gain= 0

Adjustment basis in new property=217,000.

Here , we find that Kase has realised gain of $ 690,500 but recognised gain of $ 0 . It is so because Kase did not receive any boot and the transaction is a like-kind exchange. Therefore, the adjusted basis in new property = $ 217,000 ( as no gain is recognised ).

B.

Realised loss ( 199000 - 217000 )= 18,000

Recognized loss= 0

Adjusted basis in new property= 217000

7 0
3 years ago
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