Explain Why the Two Probabilities Are Identical for the Standard $\operatorname { Pr } ( - 1.96 \leq X \leq 1.96 ) \text { and } \operatorname { Pr } ( - 1.96 < X < 1.96 )$

question 40

Essay

Explain why the two probabilities are identical for the standard normal distribution:
$\operatorname { Pr } ( - 1.96 \leq X \leq 1.96 ) \text { and } \operatorname { Pr } ( - 1.96 < X < 1.96 )$

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Definitions:

Manufacturing Overhead Applied

The process of allocating indirect manufacturing costs, such as utilities and rent, to individual units of production based on a predetermined rate or method.

Overhead Applied

The allocation of overhead costs to specific jobs or production activities based on a predetermined rate or method.

Budgeted Net Income

An estimate of a company's future net income over a specific period based on projected revenues and expenses.

December

The twelfth and final month of the year in the Gregorian calendar, often associated with end-of-year activities and holidays.