For a Normal Distribution Curve with a Mean of 7

question 49

Multiple Choice

For a normal distribution curve with a mean of 7 and a standard deviation of 5, which of the following ranges of the variable will define an area under the curve corresponding to a probability of approximately 34%?

• A) from 4.5 to 9.5
• B) from 2 to 12
• C) from 7 to 12
• D) from -3 to 17

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Definitions:

Cash Account Balance

The amount of money that is available in a company's or individual's cash account at any given time.

Cash Payments

Disbursements of money to fulfill liabilities or acquire goods and services.

Cash Receipts

The collection of money, including coins, notes, checks, and electronic transfers, received by a business.

Journalizing

The act of recording financial transactions in a company's journal, detailing the accounts that are affected and in which direction.