THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 59

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Let the random variable X follow a normal distribution with a mean of 17.1 and a standard deviation of 3.2.
-What is P(X > 16) ?

• A)0.3401
• B)0.6331
• C)0.3669
• D)0.8326

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Definitions:

Expenses

Outflows of resources or incurring of liabilities (or a combination of both) resulting from a company's activities intended to generate income.

Assets

Economic resources owned or controlled by a business or an individual that are expected to produce value.

Accounting Information System

A system designed to collect, store, manage, process, retrieve, and report financial data for its users.

Financial Statements

Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and statement of cash flows.