The Queen decided to change the distribution of wealth in Arecima. With the help of the royal statistician, Excelier, Cecillia redistributed wealth so that the new distribution remains Normal but the...

Extracted text: The Queen decided to change the distribution of wealth in Arecima. With the help of the royal statistician, Excelier, Cecillia redistributed wealth so that the new distribution remains Normal but the mean was increased from 100 (thousand dollars) to 120 (thousand dollars) and the standard deviation was reduced from 20 to 10 (thousand dollars). This was accomplished by transferring 5% of her own wealth to her people as well as changing the wealth of some of the Arecimians such that each person's ranking (i.e., from the poorest to the richest) remained the same. More precisely, if any given person's wealth was initally at the k- th quantile of the wealth distribution, her/his wealth remains at the k-th quantile of the new distribution. 27. If Hermione was originally 3.5 standard deviations to the left of the mean of 100, after the redistribution she found herself a. 3.5 / right b. 3.5 / left c. 1.5 / right d. 1.5 / left e. None of the above. standard deviations to the of the mean. 28. The wealth of the Arecimian who neither lost nor benefited from the redistribution is closer to thousand dollars, a. 100 b. 200 c. 300 d. 400 e. 600 29. The people who lost as a result of the redistribution initially had wealth more than thousand dollars. a. 100 b. 120 c. 140 d. 160 e. 200 30.Suppose that those whose wealth initially was 70 thousand dollars or less are all enemies of the The portion of the population who are enemies of the queen is closer to.. queen a. 1 b08