For a Given Mean and Standard Deviation, the __________ Function

question 19

Multiple Choice

For a given mean and standard deviation, the __________ function in Excel is used to generate a value for the random variable characterized by a normal distribution.

• A)NORM.INV
• B)RAND
• C)VLOOKUP
• D)FREQUENCY

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Definitions:

Commodity

A basic good used in commerce that is interchangeable with other goods of the same type.

Biopiracy

The practice of commercially exploiting naturally occurring genetic material or biochemical without fair compensation to the indigenous peoples or countries from which they originate.

Multinational Corporations

Large companies that operate in multiple countries, managing production or delivering services in more than one country outside of their home base.

Recombinant DNA

DNA molecules formed by laboratory methods of genetic recombination to bring together genetic material from multiple sources.