If X Has a Normal Distribution with Mean 60 and Standard

question 176

Multiple Choice

If X has a normal distribution with mean 60 and standard deviation 6,which value of X corresponds with the value z = 1.96?

• A)x = 71.76
• B)x = 67.96
• C)x = 61.96
• D)x = 48.24

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Definitions:

Source Document

An original record or document that contains the details of a business transaction, used as the basis for recording and validating financial data.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that a company's bookkeeping system is mathematically correct.

Credit

An accounting entry that increases liabilities or equity or decreases an asset or expense. Opposite of a debit.

Ledger

A comprehensive collection of a company's accounts that records all financial transactions.