Find the Indicated Probability or Percentage for the Normally Distributed $X$

question 36

Multiple Choice

Find the indicated probability or percentage for the normally distributed variable.
-The variable $X$ is normally distributed. The mean is $\mu = 15.2$ and the standard deviation is $\sigma = 0.9$ . Find $P ( X > 16.1 )$ .

• A)\(0.8413\)
• B) \(0.1550\)
• C) \(0.1357\)
• D) \(0.1587\)

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Definitions:

Sales Price

The amount a buyer pays to purchase a product or service.

Net Present Value

The current value of an investment's projected earnings, discounted at an appropriate interest rate, minus the initial capital cost.

Required Rate

The lowest return an investor is willing to accept on an investment to deem it as profitable.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the rate of tax that applies to their highest bracket of income.