Given That Z Is a Standard Normal Variable, the Value $\le$

question 80

Short Answer

Given that Z is a standard normal variable, the value z for which P(Z $\le$ z) = 0.2580 is: $\begin{array}{|l|l|}\hline\text { A. } & 0.70 . \\\hline \text { B. } & 0.758 . \\\hline \text { C. } & -0.65 . \\\hline \text { D. } & 0.242 . \\\hline\end{array}$

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Definitions:

Capitalist Economy

A financial system where capital goods are owned by individuals or corporations, with investment choices, prices, production, and goods distribution primarily influenced by competition within a free market.

Automatic Stabilizer

Economic policies and programs, like unemployment benefits, that automatically adjust to counteract economic fluctuations without additional government action.

Unemployment Compensation

Government-provided financial assistance to individuals who are unemployed and meet certain eligibility requirements.

Automatic Stabilizer

Economic policies and programs, such as unemployment insurance and progressive taxes, that automatically help stabilize an economy by reducing the severity of economic fluctuations without additional government intervention.