X Is a Normally Distributed Random Variable with a Mean

question 46

Multiple Choice

X is a normally distributed random variable with a mean of 7 and a standard deviation of 2.5. Find the value of X for which 70.54% of the area under the distribution curve lies to the right of it. (Note: the diagram is not necessarily to scale.)

• A) 6.10
• B) 6.32
• C) 5.65
• D) 8.43

---

Definitions:

Fees Earned

Income earned by a company for services provided to clients, usually recorded as revenue in the income statement.

Accounts Payable

Liabilities to creditors for goods and services received that have not yet been paid for.

Accounts Payable

Money owed by a business to its suppliers or creditors for goods and services purchased on credit.

Not Previously Billed

A situation where charges for goods or services delivered have not yet been invoiced or requested for payment.