What Is the Distribution with a Mean of 0 and a Standard

question 35

Multiple Choice

What is the distribution with a mean of 0 and a standard deviation of 1 called?

• A) Frequency distribution
• B) z-score
• C) Standard normal distribution
• D) Binomial probability distribution
• E) None of the choices are correct

---

Definitions:

Marginal Cost

The additional cost incurred by producing one more unit of a product, reflecting the cost of the resources used in the production of that extra unit.

Patent

A governmental right granted to an inventor, giving the exclusive right to make, use, sell, and import an invention for a certain period of time.

Marginal Cost

The cost added by producing one additional unit of a product or service, an important concept in economics for determining the optimal level of production.

Monopolist

A single firm or entity that is the exclusive provider of a good or service, thus controlling its market price.