Find the Z Value Such That P(Z ≤ Z) =

question 1

Multiple Choice

Find the z value such that P(Z ≤ z) = 0.9082.

• A) z = −1.33
• B) z = 0.1814
• C) z = 0.8186
• D) z = 1.33

---

Definitions:

APC

Average Propensity to Consume, which is the ratio of total consumption to total income.

Saving

The portion of income not spent on consumption but reserved for future use, often placed in banks, investments, or other financial instruments for growth.

Disposable Income

The money that remains for savings and expenses after income tax deductions from a person's or family's earnings is the disposable income.

APS

Average Propensity to Save, the proportion of total income that is saved by a household or economy.