What Proportion of Values in a Normal Distribution Will Be

question 58

Multiple Choice

What proportion of values in a normal distribution will be between the mean and a point 1.75 standard deviations to the right of (or above) the mean?

• A).4599
• B).5464
• C).4013
• D).3997
• E).3761

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Definitions:

Residual Value

The estimated amount that an asset will be worth at the end of its useful life, often used in accounting for depreciation purposes.

Depreciation Expense

The allocated amount of the cost of a tangible or physical asset over its useful life, reflecting the asset’s consumption, wear and tear, or obsolescence.

Benefit The Company

Actions or strategies that enhance the performance, profitability, or competitive advantage of a company.

Cost of Equipment

The original value of equipment, including purchase price and any other expenses required to get the equipment ready for its intended use.