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

question 111

Multiple Choice

Assume that X has a normal distribution, and find the indicated probability.
-The mean is $\mu = 15.2$ .2 and the standard deviation is $\sigma = 0.9$ Find the probability that X is greater than 17.

• A) 0.0228
• B) 0.9772
• C) 0.9821
• D) 0.9713

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Definitions:

Oligopolies

Market structures characterized by a small number of firms controlling a large majority of the market share and having significant impact on prices and production.

Pure Monopolies

Market structures characterized by a single seller that faces no competition, typically due to high barriers to entry.

Socially Desirable

Refers to actions or policies that are considered beneficial to the wider community or society as a whole.