Suppose X Is a Normally Distributed Random Variable with a Mean

question 50

Multiple Choice

Suppose x is a normally distributed random variable with a mean of 5 and a variance of 4. The probability that x is greater than 10.52 is _____.

• A) .0029
• B) .0838
• C) .4971
• D) .9971

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Definitions:

Customers Served

The number of clients or customers to whom a business has provided goods or services within a specified period.

Activity Variance

The difference between the planned activity level and the actual activity level.

Planning Budget

A financial forecast or projection, detailing expected revenues and expenses within a future period.

Net Operating Income

The profit a company generates from its regular business operations, excluding expenses and revenues from non-operating activities.