If One Score Is Randomly Selected from a Normal Distribution

question 10

True/False

If one score is randomly selected from a normal distribution with µ = 100 and σ = 20,the probability of obtaining a score greater than X = 110 is p = 0.6915.

---

Definitions:

Simultaneous Game

A scenario in which players make decisions or choose strategies at the same time without knowledge of the other players' choices.

Equilibrium

A state in a market where supply equals demand, causing prices to stabilize and transactions to occur without excess supply or demand.

Sequential Game

A strategic game in which players make decisions one after another, allowing for the observation of preceding choices.

Monopolized

A condition where a single seller controls the whole supply of a product or service, often resulting in limited choices for consumers and potential for higher prices.