A large number of MBA applicants are given an aptitude test. Scores are normally distributed with a mean of 460 and standard deviation of 80. What is the probability a randomly chosen applicant scores 600 or above in this test? a. 0.5401 b. 0.0401 c. 0.4599 d. 0.0852

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter17: Making Decisions With Uncertainty
Section: Chapter Questions
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A large number of MBA applicants are given an aptitude test. Scores are normally distributed with a mean of 460 and standard deviation of 80. What is the probability a randomly chosen applicant scores 600 or above in this test?

a.

0.5401

b.

0.0401

c.

0.4599

d.

0.0852

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