Use the following information for questions:
Suppose that amount spent by students on textbooks this semester has approximately a bell-shaped distribution. The mean amount spent was $300 and the standard deviation is $100.
-A student spent $500 on textbooks. What percentile does their value correspond to?
A) 97.5th percentile
B) 95th percentile
C) 5th percentile
D) 2.5th percentile
Correct Answer:
Verified
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