Suppose X Is a Normal Random Variable with Mean of 70

question 88

Multiple Choice

Suppose X is a normal random variable with mean of 70 and standard deviation of 4.The Z-score was calculated for a number,and it was 2.85.What is X?

• A)58.6
• B)81.4
• C)65.8
• D)75.7

Grasp the concept of stratification theories and their stance on social forces and individual choice.

Understand concepts related to aging such as selective optimization with compensation.

Comprehend the demographics of aging and mortality.

Recognize the dynamics and challenges of caregiving for the elderly.

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Definitions:

Jet Fuel

A type of aviation fuel designed for use in aircraft powered by gas-turbine engines.

Hedge

An investment made to reduce the risk of adverse price movements in an asset, typically involving derivatives contracts like futures and options.

American Call Option

A type of options contract that gives the holder the right, but not the obligation, to buy an asset at a set price at any time before the expiration.

Exercise Price

The cost at which the possessor of an option is allowed to purchase (in the case of a call option) or dispose of (in the case of a put option) the asset underneath.