High school students across the nation compete in a financial capability challenge each year by taking a National Financial Capability Challenge Exam. Students who score in the top 16 percent are recognized publicly for their achievement by the Department of the Treasury. Assuming a normal distribution, how many standard deviations above the mean does a student have to score to be publicly recognized?

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01-08-2022
Mathematics

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High school students across the nation compete in a financial capability challenge each year by taking a National Financial Capability Challenge Exam. Students who score in the top 16 percent are recognized publicly for their achievement by the Department of the Treasury. Assuming a normal distribution, how many standard deviations above the mean does a student have to score to be publicly recognized?

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Topeadeniran2idn Topeadeniran2idn · Answer 1 · 2022-08-03T11:00:32-04:00

The standard deviations above the mean that a student have to score to be publicly recognized will be 0.674.

How to illustrate the information?

From the information given, it was stated that the students who score in the top 16 percent are recognized publicly for their achievement by the Department of the Treasury.

Based on the information given, it should be noted that the appropriate thing to do is to find the z score for the 75th percentile.

This will be looked up in the distribution table. In this case, the value is 0.674. Therefore, standard deviations above the mean that a student have to score to be publicly recognized will be 0.674.

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How to illustrate the information?

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