With a Mean of 5% and a Standard Deviation of 10

question 123

True/False

With a mean of 5% and a standard deviation of 10%, the probability of earning more than 25% in any one year is no more than 2.5%.

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Definitions:

Alcoholic Drinks

Beverages containing ethanol, commonly known as alcohol, which have psychoactive and intoxicating effects.

Esophagus

The tube leading from the pharynx to the stomach.

African American

A demographic group in the United States characterized by having ancestry from the native populations of Sub-Saharan Africa, with a rich cultural heritage and history.

European American

A term referring to Americans of European ancestry or origin.