A runner’s distribution of times for running 1,000 meters has a mean of 4.5 minutes with a standard deviation of 0.75 minutes. One of the runner’s times has a z-score of –1.08. Which of the following statements is the best interpretation of this z-score? This runner’s time was faster than the mean time by 0.75 standard deviations.
This runner’s time was faster than the mean time by 1.08 standard deviations.
This runner’s time was slower than the mean time by 0.75 standard deviations.
This runner’s time was slower than the mean time by 1.08 standard deviations.

The federal reserve controls certain interest rates in the united states. investors often try to speculate as to whether the federal reserve will raise or lower rates and by how much. suppose a company conducts extensive interviews with financial analysts, and as a result, predicts that "thefed" will increase rates by an average of 0.25 percentage points every six months for the forseeable future. which type of equation could be used to model the predicted interest rates over the next several years, assuming no other significant changes? a) a linear equation b) a quadratic equation c) a polynomial equation d) an exponential equation