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The Amount of Scholarships Received Among Undergraduates at Mountain Tech

Question 51

Multiple Choice

The amount of scholarships received among undergraduates at Mountain Tech are approximately Normally distributed. The mean scholarship grant is $12,000. About 95 percent of undergraduates received scholarship amounts between $7,000 and $17,000. The standard deviation of these scholarship amounts is about:


A) $5,000.
B) $10,000.
C) $12,000.
D) $20,000.
E) $2,500.

Correct Answer:

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