The Probability That a Normal Random Variable Is Less Than

question 69

Multiple Choice

The probability that a normal random variable is less than its mean is ________.

• A) 0.0
• B) 0.5
• C) 1.0
• D) Cannot be determined

---

Definitions:

Dependent Child

A child who relies on another person for more than half of their support and qualifies for the potential of tax benefits for the supporting individual.

Full-Time Student

An individual who is enrolled in a post-secondary institution and meets the institution's requirements for full-time status.

Qualified Day Care Center

A facility that meets certain criteria and regulations to provide childcare services, often eligible for specific tax benefits.

EIC Formula

The Earned Income Credit Formula is a method used by the IRS to determine the amount of earned income credit a taxpayer is eligible for, based on income, filing status, and number of qualifying children.