The Mean of a Normal Probability Distribution Is 500 and the Standard

question 59

Multiple Choice

The mean of a normal probability distribution is 500 and the standard deviation is 10. About 95 percent of the observations lie between what two values?

• A) 475 and 525
• B) 480 and 520
• C) 400 and 600
• D) 350 and 650
• E) None of the choices are correct

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Definitions:

Property Distribution

The division of assets and properties among parties, often in the context of estate planning, divorce, or dissolution of partnership.

Trust Agreement

A legal document that outlines the terms and conditions under which property is managed and held by a trustee for the benefit of another party.

Testamentary

Relating to or bequeathed through a will.

Charitable

Relating to or aimed at helping others through donations or volunteer work without the expectation of financial gain.