Let Z Be a Normal Random Variable with Mean 0

question 85

Multiple Choice

Let z be a normal random variable with mean 0 and standard deviation 1.What is P(z < 1.3) ?

• A)0.4032
• B)0.9032
• C)0.0968
• D)0.3485
• E)0.5485

---

Definitions:

Budgeted Total Sales

The estimated total revenue that a business plans to generate from goods or services sold within a specific period.

Sales Estimates

Projections or predictions about the amount of revenue that will be generated through sales activities within a certain period.

Budgeted Sales

An estimate of the sales volume and revenue expected to be achieved in a specific period, typically used for planning purposes.

Units

A measure of quantity used to express the amount of a product or service.