To Find the Probability of Values in a Tail of the Normal

question 77

Multiple Choice

To find the probability of values in a tail of the normal distribution using a standard normal table,________.

• A)calculate z,find the corresponding probability,and then subtract that probability from 1
• B)calculate z and find the corresponding probability
• C)calculate z,find the corresponding probability,multiple that by two,and then subtract from 1
• D)calculate z,find the corresponding probability,subtract from 0.5,and then double it

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Definitions:

Bank of Canada

The central bank of Canada, responsible for issuing currency, managing the country's monetary policy, and regulating its financial system.

Interest Rates

The cost of borrowing money or the return on savings, usually expressed as a percentage of the amount borrowed or saved.

Portfolio Beta

A measure of the volatility, or systematic risk, of a portfolio in comparison to the market as a whole, indicating how much the investment’s value is expected to fluctuate.

Expected Return

The weighted average of all possible returns for a given investment, where the weights are the probabilities of each outcome, representing an anticipation of gains on an asset.