For a Standard Normal Random Variable, Find the Point in the Distribution

question 150

Multiple Choice

For a standard normal random variable, find the point in the distribution in which $11.9 \%$ of the z-values fall below.

• A) \(1.18\)
• B) \(- 0.30\)
• C) \(- 1.45\)
• D) \(- 1.18\)

---

Definitions:

Building Contractors

Professionals or companies responsible for the construction, repair, or renovation of buildings, overseeing project completion from start to finish.

Monthly Depreciation

The portion of a fixed asset's cost allocated as an expense over a single month, reflecting the asset's usage and loss of value.

Cash Balance

The total amount of cash or cash equivalents a company or individual holds at any given time.

Merchandising Firm

A business that purchases finished goods for the purpose of resale to consumers without altering the condition of the goods.