The Standard Normal Distribution Has a Mean and a Standard

question 127

Multiple Choice

The standard normal distribution has a mean and a standard deviation respectively equal to

• A)0 and 0.
• B)1 and 1.
• C)1 and 0.
• D)0 and 1.

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Definitions:

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The change in the consumption patterns of goods or services due to a change in their relative prices, holding the consumer's income constant.

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