If the Random Variable X Is Normally Distributed with a Mean

question 162

Multiple Choice

If the random variable x is normally distributed with a mean equal to .45 and a standard deviation equal to .40, then P(x .75) is:

• A) .7500
• B) .7734
• C) .2266
• D) .2734
• E) .4525

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Definitions:

Market Price

The present cost at which a service or asset is available for purchase or sale in the market.

Illegal Trading

The act of buying or selling goods or services that is not permitted by law, often involving prohibited items or violating trade regulations.

Taxes On Apples

Specific charges levied by governments on the sale of apples, affecting both the price and quantity sold.

Price Of Apples

The monetary amount charged for a pound or kilogram of apples, influenced by factors such as seasonality, demand, and production costs.