If Z Is a Standard Normal Variable, Find the Probability

question 97

Multiple Choice

If z is a standard normal variable, find the probability.
-P(z < 0.97)

• A) 0.1660
• B) 0.8078
• C) 0.8340
• D) 0.8315

---

Definitions:

Aggregate Plan

A process by which a company determines levels of capacity, production, subcontracting, inventory, stockouts, and pricing over a specified time period.

Graphical Method

A technique used in various disciplines to solve problems by visualizing data or equations through graphs.

Aggregate Planning

The process of developing, analyzing, and maintaining a preliminary, approximate schedule of the overall operations of an organization.

Yield Management

A strategy used in various industries to adjust prices and inventory in response to anticipated demand levels to maximize revenue.