Assume That the Random Variable X Is Normally Distributed, with Mean

question 107

Multiple Choice

Assume that the random variable X is normally distributed, with mean μ = 100 and standard deviation σ = 15.Compute the probability P(X > 112) .

• A) 0.2119
• B) 0.1977
• C) 0.7881
• D) 0.2420

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Definitions:

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, indicating the company's bottom line.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.

Dividends Paid

Payments made by a corporation to its shareholder members, usually derived from the company's earnings.