Consider a Standard Normal Random Variable Z

question 23

Multiple Choice

Consider a standard normal random variable z. What is the value of z if the area to the right of z is 0.2643?

• A)0.72
• B)0.28
• C)1.46
• D)0.63

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Definitions:

Present Value Table

A table that provides factors for calculating the present value of future cash flows based on a certain discount rate over a number of periods.