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 13 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?
Given, Students who score in the top 13 percent are recognized publicly for their achievement. So we need to find the... View the full answer