The Net Profit from a Certain Investment Is Normally Distributed

question 60

Multiple Choice

The net profit from a certain investment is normally distributed with a mean of $2,500 and a standard deviation of $1,000.The probability that the investor will not have a net loss is _____________.

• A)0.4938
• B)0.0062
• C)0.9938
• D)0.5062
• E)0.0000

Learn about the components contained within an organism's genome.

Comprehend the roles and locations of trans-acting regulatory elements.

Distinguish between inheritable and non-inheritable types of mutations.

Recognize the influence of environmental factors on phenotypic traits.

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Definitions:

Inferential Statistics

A branch of statistics that allows us to make predictions or inferences about a population based on data collected from a sample.

Difference Between Groups

A comparison that aims to identify and analyze variations or disparities among distinct groups.

Statistically Significant

A term indicating that a result from data analysis demonstrates a true effect or difference, beyond what would be expected by chance alone.

Inferential Statistics

A branch of statistics that allows us to make predictions or inferences about a population based on a sample of data.