Assume That X Has a Normal Distribution, and Find the Indicated

question 26

Multiple Choice

Assume that X has a normal distribution, and find the indicated probability.
-The mean is $\boldsymbol { \mu } = 137.0$ and the standard deviation is $\boldsymbol { \sigma } = 5.3$ . Find the probability that $X$ is between $134.4$ and 140.1.

• A)0.4069
• B)0.6242
• C)0.8138
• D)1.0311

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Definitions:

Fixed Costs

Fixed costs are business expenses that remain constant regardless of the level of production or sales.

Average Variable Cost

The total variable cost divided by the quantity of output produced.

Output

The amount of goods or services produced by a company, sector, or economy.

Fixed Cost

Costs that do not vary with the level of output or production, such as rent, salaries, and insurance premiums.