The Net Profit from a Certain Investment Is Normally Distributed

question 26

Multiple Choice

The net profit from a certain investment is normally distributed with a mean of $2,500 and a standard deviation of $1,000. The probability that the investor's net gain will be at least $2,000 is ___.

• A) 0.0000
• B) 0.3413
• C) 0.0005
• D) 0.0500
• E) 0.6915

---

Definitions:

Gain Or Loss

A financial result that occurs when the selling price of an asset differs from its cost or adjusted basis.

Batting Cages

Enclosed areas for baseball or softball players to practice batting, typically equipped with pitching machines.

Fixed Asset Turnover Ratio

The number of dollars of sales that are generated from each dollar of average fixed assets during the year, computed by dividing the net sales by the average net fixed assets.

Days' In Assets Ratio

The Days' In Assets Ratio measures the average number of days it takes for a company to turn its inventory into sales, reflecting inventory management efficiency.