Solve the Problem $\mathrm { z }$ Scores Are Normally Distributed with a Mean of 0 and Are

question 62

Multiple Choice

Solve the problem.
-Assume that $\mathrm { z }$ scores are normally distributed with a mean of 0 and a standard deviation of 1 . If $\mathrm { P } ( \mathrm { z } > \mathrm { c } ) = 0.1093$ , find $\mathrm { c }$ .

• A) \(- 1.23\)
• B) \(1.23\)
• C) \(0.4562\)
• D) \(0.27\)

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Definitions:

Semiannual Interest

Interest calculated and paid twice a year on investments or loans.

Bond Discount

The difference when the market value of a bond falls below its original principal amount or face value.

Straight-line Method

A method of calculating depreciation by evenly spreading the cost of an asset over its expected useful life.

Serial Bond

A type of bond that matures in installments over a period of time rather than having a single maturity date.