In the Normal Distribution, the Z-Statistic Value for a One

question 50

Multiple Choice

In the normal distribution, the z-statistic value for a one tailed probability of 95 percent is __________.

• A) 1.215
• B) 1.645
• C) 1.960
• D) 2.326
• E) 2.415

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Definitions:

Maturity

The date on which the final payment of a loan, bond, or other financial instrument is due to be paid, marking the end of the instrument's term.

Investment Portfolio

A collection of investments held by an institution or an individual.

Term To Maturity

The time remaining until a debt instrument, such as a bond or loan, is due to be repaid.

Strip Bond

A debt security that has had its periodic interest payments removed, trading only on the principal amount and offering a final payment at maturity.