Z Is a Standard Normal Random Variable

question 102

Multiple Choice

z is a standard normal random variable.What is the value of z if the area to the right of z is 0.1112?

• A) 0.3888
• B) 1.22
• C) 2.22
• D) 3.22

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Definitions:

Enterprise Multiple

A ratio used to determine the value of a company that takes into account its debt and equity, calculated by dividing the enterprise value by EBITDA.

EBIT

Known as Earnings Before Interest and Taxes, this financial gauge calculates a firm's profitability without considering interest and income tax charges.

Average Collection Period

The average number of days it takes for a company to collect payments from its customers, a measure of the efficiency of its credit policies.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its short-term assets.