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Using the Standard Normal Distribution,the Z- Score Representing the 99th

question 12

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Using the standard normal distribution,the Z- score representing the 99th percentile is 2.326.


Definitions:

Poverty Rate

The ratio of the number of people whose income falls below the poverty threshold, as compared to the overall population.

Public Assistance

Government programs designed to provide financial aid to individuals or families in need, often including welfare, food stamps, and unemployment benefits.

Poverty

A state where an individual or community lacks the financial resources and essentials for a minimum standard of living.

Poverty Rate

The percentage of the population that lives below the national poverty line, indicating the proportion of individuals or households with income less than a specified threshold.

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