Most graduate schools of business require applicants for admission to tak are
Graduate Management Admission Council's GMAT examination. Scores on the GMAT are toughly normally distributed with a mean of 527 and a standard deviation of 112. For each write down what you input in the calculator.
a) What is the probability of an individual scoring above 500 on the GMAT?
b) How high must an individual score on the GMAT in order to score in the highest 5%?