CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

Consider a normal distribution with MU = 67 and SIGMA2 = 144. If each score is raised by 7 points, what percentage of the new scores is less than 74?
A. 72%
B. 88%
C. 50%
Explanation: Since each score has been raised by 7 points, the mean will also be raised by 7 points. The new mean is 74. 50% of the scores will be less than the mean of a normal distribution.

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