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A Random Variable Is Normally Distributed with a Mean of -50

question 108

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A random variable is normally distributed with a mean of -50 and a standard deviation of 10. If an observation is randomly selected from the distribution, what value will be exceeded 85% of the time?


Definitions:

CPM

Cost Per Thousand Impressions, a marketing metric used to denote the expense of advertising per 1000 views or displays of an advertisement.

Advertising Cost

The expenses incurred in promoting a product, service, or brand through various media channels.

CPM

Stands for "Cost Per Thousand Impressions," a metric used in advertising to denote the cost of displaying an ad to a thousand viewers or readers.

Advertising Messages

The content conveyed in advertisements aimed at informing, persuading, or reminding consumers about products, services, or brands.

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