Of the Excel Functions Used with the Normal Distribution, ______

question 99

Multiple Choice

Of the Excel functions used with the normal distribution, ______ returns the Z value for a given cumulative probability.

• A)STANDARDIZE function
• B)NORM.DIST()function
• C)NORM.INV()function
• D)a and c

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Definitions:

Foreign-Currency Exchange

The trading of currencies from different countries against each other.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specific time period.

Tariff

A tax on goods produced abroad and sold domestically.

Exchange Rate

The price of one currency in terms of another, determining how much foreign currency can be obtained with a unit of domestic currency.