A Normal Distribution Has a Mean of µ = 70

question 7

Multiple Choice

A normal distribution has a mean of µ = 70 with σ = 12.If one score is randomly selected from this distribution,what is the probability that the score will be greater than X = 58?​

• A)​0.8413
• B)​0.1577
• C)​0.3413
• D)​0.6826

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Definitions:

Consumption

The use of goods and services by households for personal needs or to maintain their standard of living.

Autonomous Consumption

Consumption spending that occurs even when income is zero, representing the basic level of consumption necessary for survival.

Disposable Income

The monetary provision for households post the calculation of income taxes dedicated to saving and spending.

Consumption

The use of goods and services by households, which is a primary component of the economy and influences economic growth.