A Normal Distribution Has a Mean of µ = 70

question 7

Multiple Choice

A normal distribution has a mean of µ = 70 with σ = 12.If one score is randomly selected from this distribution,what is the probability that the score will be greater than X = 58?​

• A)​0.8413
• B)​0.1577
• C)​0.3413
• D)​0.6826

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, providing more accurate budgeting comparatives.

Variable Cost Estimates

Projections of costs that fluctuate with changes in production volume or activity levels, such as materials and labor.

Net Operating Income

A measure of a company's profitability, calculated as the revenue from operations minus the operating expenses, excluding interest and taxes.

Tenant-Days

A metric in property management that multiplies the number of tenants by the number of days they occupy a space, useful for tracking occupancy and usage.