The Net Profit from a Certain Investment Is Normally Distributed

question 60

Multiple Choice

The net profit from a certain investment is normally distributed with a mean of $2,500 and a standard deviation of $1,000.The probability that the investor will not have a net loss is _____________.

• A)0.4938
• B)0.0062
• C)0.9938
• D)0.5062
• E)0.0000

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Definitions:

Agent

A person authorized to act on behalf of another person or organization, typically in business or legal matters.

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Specific powers given by a principal to an agent for particular tasks or activities.

Specifically Outlined

Described or detailed in a clear and explicit manner, leaving no room for ambiguity.

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