A Normal Variable Is Standardized By

question 25

Multiple Choice

A normal variable is standardized by:

• A)subtracting off its mean from it and multiplying by its standard deviation.
• B)adding its mean to it and multiplying by its standard deviation.
• C)subtracting off its mean from it and dividing by its standard deviation.
• D)adding its mean to it and dividing by its standard deviation.

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Definitions:

Tax

An essential monetary charge or dissimilar levy exacted upon a taxpayer by a government sector to facilitate government expenses and diverse expenditures for the public.

Unique

Being the only one of its kind; unlike anything else.

Inelastic Demand

A situation where the demand for a good or service is relatively unaffected by changes in price, indicating that the quantity demanded changes very little with price fluctuations.

Advertiser

An individual or entity that promotes products, services, or ideas through various media to influence consumer behavior and drive sales or engagements.