The Weekly Incomes of a Large Group of Executives Are

question 11

Multiple Choice

The weekly incomes of a large group of executives are normally distributed with a mean of $2,000 and a standard deviation of $100. What is the z-score for an income of $2,100?

• A)1.00
• B)2.00
• C)1.683
• D)−0.90

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Definitions:

Partnership

A legal form of business operation between two or more individuals who share management and profits.

Professional Corporation

A business entity formed by licensed professionals, such as lawyers or doctors, allowing them to provide their services through a corporate structure.

Sole Proprietorship

A form of business owned and operated by one person who is solely responsible for all its operations and debts.

Attorneys

Licensed professionals who are authorized to practice law, representing and advising clients in legal matters.