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:

Rational Behavior

The assumption that individuals make decisions based on seeking the most benefit while minimizing costs, according to their preferences and information.

Economic Models

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Psychology of Human Behavior

The study of individuals' thoughts, feelings, and behaviors and how they are influenced by physical, mental, social, and environmental factors.