Let Z Be a Normal Random Variable with Mean 0

question 36

Multiple Choice

Let z be a normal random variable with mean 0 and standard deviation 1. The 90^th percentile of z is ___.

• A) 1.645
• B) -1.25
• C) 1.96
• D) 1.28
• E) -1.645

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Definitions:

Time Period

A specific duration or span of time within which certain actions are taken or conditions apply.

Goods-in-bailment

A legal term referring to the process where personal property is transferred temporarily into the care of another, known as the bailee.

Negotiable Document

An official note that commits to paying a designated amount, either immediately upon request or at a predetermined date, with the payer's name indicated on the note.

Risk of Loss

The legal and financial responsibility for damages or loss to goods, typically determined by the terms of a contract or by law.