X Is a Normally Distributed Random Variable with a Mean

question 43

Multiple Choice

X is a normally distributed random variable with a mean of 5 and a variance of 4. The probability that X is greater than 10.52 is

• A)0.0029
• B)0.0838
• C)0.4971
• D)0.9971

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Definitions:

Market Value

The existing rate at which an asset or service may be traded in the marketplace.

Poverty Line

A threshold income level below which an individual or family is considered to be in poverty, varying by location and household size.

Poverty Line

The poverty line is a threshold that defines the minimum level of income necessary to afford basic living expenses, varying by country and sometimes within regions of a country.

Typical 10-Year Period

Refers to an average or standard time frame of ten years used for long-term analysis or planning.