If a Random Variable Is Drawn from a Normal Distribution

question 60

Multiple Choice

If a random variable is drawn from a normal distribution, what is the probability that the random variable is larger than 1.96 standard deviations larger than the mean?

• A) 1.25%
• B) 2.50%
• C) 3.75%
• D) 5.00%

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Definitions:

Punitive Damages

Punitive damages are compensation awarded in a lawsuit as a punishment to the defendant for egregious wrongdoing and as a deterrent against future similar actions.

Civil Court

A court dealing with non-criminal cases, usually involving private disputes between individuals or organizations.

Compensation

Payment or reward given to someone in recognition of loss, suffering, or injury.

Federal Court

Federal court refers to a system of courts that have jurisdiction over legal disputes governed by federal law, including disputes between states, constitutional issues, and matters involving the federal government.