Calculate the Specified Probability
-Suppose That $\mathrm { K }$ Is a Random Variable

question 93

Multiple Choice

Calculate the specified probability
-Suppose that $\mathrm { K }$ is a random variable. Given that $\mathrm { P } ( - 3.45 \leq \mathrm { K } \leq 3.45 ) = 0.35$ , and that $\mathrm { P } ( \mathrm { K } < - 3.45 ) =$ $P ( K > 3.45 )$ , find $P ( K > 3.45 )$ .

• A)\(0.35\)
• B) \(0.65\)
• C) \(0.325\)
• D) \(1.725\)

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Definitions:

Average Annual Revenue

This refers to the amount of money a company earns in a year, on average, from its operations.

Standard Deviation

A metric indicating the extent to which data points diverge from the mean, showing the distribution's spread.

Average Annual Revenue

The mean income generated by a business, entity, or asset within one fiscal year.

Random Sample

A group of people selected from a bigger group, with every person having the same probability of being chosen.