Let X Be a Normally Distributed Random Variable with a Mean

question 97

Short Answer

Let X be a normally distributed random variable with a mean of 12 and a standard deviation of 1.5.What proportions of the values of X are:
a.less than 14
b.more than 8
c.between 10 and 13

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Definitions:

Means-tested

Pertaining to government programs that require individuals to meet certain income or asset criteria to qualify for benefits.

State Sales Tax

A tax imposed by a state on the sale of goods and services, typically calculated as a percentage of the selling price.

Inheritance Tax

A tax imposed on individuals who inherit assets from a deceased person.

Deficits

The amount by which a government, company, or individual's spending exceeds its income over a particular period of time.