Excel's NORM

question 43

Multiple Choice

Excel's NORM.DIST function can be used to compute _____.

• A) cumulative probabilities for a standard normal z value
• B) the standard normal z value given a cumulative probability
• C) cumulative probabilities for a normally distributed x value
• D) the normally distributed x value given a cumulative probability

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Definitions:

Manageable Units

Dividing tasks, projects, or organizational structures into smaller, more easily controlled or handled segments.

New Product

An item or service that has been recently developed or introduced to the market.

Organizing

Process of blending human and material resources through a formal structure of tasks and authority; arranging work, dividing tasks among employees, and coordinating them to ensure implementation of plans and accomplishment of objectives.

Anticipate Future

The act of predicting or expecting upcoming events or trends, allowing individuals or organizations to prepare or adjust accordingly.