A Normal Distribution Has a Mean of µ = 80

question 49

Multiple Choice

A normal distribution has a mean of µ = 80 with σ = 20.What score separates the highest 15% of the distribution from the rest of the scores?​

• A)X = 59.2​
• B)​X = 100.8
• C)​X = 95
• D)​X = 65

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Definitions:

Real Option

A choice available to companies involving business decisions on investments, which use the concept of option valuation in financial markets.

Scenario Analysis

A process of analyzing future events by considering alternative possible outcomes (scenarios), often used in the assessment of risk or strategic planning.

NPV

Net Present Value, a calculation used to estimate the profitability of an investment or project by summing the present values of all expected future cash flows.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 1 indicates certainty.