What Is the Approximate Z Score with Interpretation That the Average

question 13

Multiple Choice

What is the approximate z score with interpretation that the average Systolic blood pressure will be greater than 128 mmHg? Round to the nearest thousandth.

• A)The probability for z = 3.00 or greater is greater than or equal to 3 standard deviations which is a significant result.
• B)The probability for z = -3.00 or greater than or equal to 3 standard deviations which is not a significant result.
• C)The probability for z = -3.00 or less is less than or equal to 3 standard deviations which is a significant result.
• D)None of the above statements are correct.

---

Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Central Bank

An institution that manages a country's currency, money supply, and interest rates. Central banks also oversee the commercial banking system of their respective countries.

Sacrifice Ratio

The sacrifice ratio measures the cost of reducing inflation in terms of the percentage of GDP lost per each percentage point decrease in inflation.

Volcker Disinflation

A period during the early 1980s when the Federal Reserve, led by Chairman Paul Volcker, raised interest rates to historically high levels in order to combat high inflation.