A Health Conscious Student Faithfully Wears a Device That Tracks

question 13

Multiple Choice

A health conscious student faithfully wears a device that tracks his steps. Suppose that the distribution of the number of steps he takes in a day is normally distributed with a mean of 10,000 and a standard deviation of 1,500 steps. What percent of the days does he exceed 13,000 steps?

• A)2.28%
• B)5%
• C)95%
• D)97.72%

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Definitions:

Futures Contract

An official agreement setting terms for the future buying or selling of assets at a price fixed in advance.

Value

The financial worth of an asset, security, or company, based on factors like earnings, growth potential, and market conditions.

Calls

Options contracts that give the holder the right, but not the obligation, to buy a stock or another financial asset at a specified price within a specific time period.

Gold

A precious yellow metallic element, highly valued for use in jewelry and as an investment.