A Portfolio Has a Current Value of $1000 $X$ Is Distributed Normally with Mean 100 and Standard Deviation 100

question 12

Multiple Choice

A portfolio has a current value of $1000.The annual profit $X$ is distributed normally with mean 100 and standard deviation 100.What is the probability that the portfolio will be worth less than 800 after one year?

• A)0.0014
• B)0.0062
• C)0.0228
• D)0.1587

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Definitions:

Labor Movement

A collective organization of working people that seeks to improve wages, working conditions, and workers' rights through various forms of protest and negotiation.

Nonunion Environments

Workplaces where no labor unions represent the workers, often characterized by more direct employer-to-employee relations.

Management

The process of dealing with or controlling things or people, which includes planning, organizing, leading, and controlling an organization’s resources to achieve specific goals.

Universal Declaration

Often refers to the Universal Declaration of Human Rights adopted by the United Nations General Assembly, outlining basic human rights to be universally protected.