| Question : The grades on the midterm given in a large managerial stats class are normally distibuted with mean 75 and standard deviation 9. Instructors of this class wants to assign an A to top 10%, B to the next 10%, C to next 10%, D to next 10%, and an F to all scores below the 60th percentile. Find the lowest acceptable score within each established range. For example, the lowest acceptable score for an A is the score at the 90th percentile. Answer : We need to use z-scores here to figure out the percentile grade cut-offs. We know the mean and standard deviation so we just need to figure out what data point we would use to get the z-scores that correspond to A:90, B:80, C:70, D:60, F:50 percent.
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