THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 73

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Let the random variable Z follow a standard normal distribution.
-What is P(Z > -0.21) ?

• A)0.4207
• B)0.4168
• C)0.5793
• D)0.5832

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Definitions:

Payment

A transfer of money or goods from one party to another in exchange for goods, services, or to fulfill a legal obligation.

Compound Annual Return

The rate at which an investment grows annually over a specified period, taking into account the effect of compounding.

Diversified Canadian Equity Funds

Investment funds that spread their holdings across a wide range of Canadian stocks to mitigate risk and maximize returns.

Initial Investment

The initial amount of money put into a project, investment, business venture, or financial asset.