Given That Z Is a Standard Normal Random Variable,what Is

question 120

Multiple Choice

Given that Z is a standard normal random variable,what is the probability that -2.51 Z-1.53?

• A)0.4950
• B)0.4370
• C)0.0570
• D)0.9310

---

Definitions:

Periodic Inventory System

A method that relies on occasional physical counts of inventory to determine the ending inventory balance and the cost of goods sold.

Purchase Return

Occurs when a buyer returns merchandise to the seller for a refund or credit due to various reasons such as defects or dissatisfaction.

Merchandise Defective

Goods received or in inventory that do not meet the seller's or buyer's specifications and may need to be returned or discarded.