Given That Z Is a Standard Normal Random Variable, What

question 73

Multiple Choice

Given that Z is a standard normal random variable, what is the value of Z if the area to the left of Z is 0.119?

• A)0.381
• B)+1.18
• C)-1.18
• D)2.36

---

Definitions:

Algorithms

A set of rules or a process followed in calculations or problem-solving, especially by a computer.

Intuition

The ability to understand or know something immediately, without the need for conscious reasoning; a 'gut feeling.'

Quick Decisions

The ability to make choices rapidly without extensive deliberation, often necessary in high-pressure or emergency situations.

Framing

The way information is presented to the user, which can influence decision-making and judgement.