The Standard Deviation of a Normal Random Variable X Is

question 91

Multiple Choice

The standard deviation of a normal random variable X is $20. Given that P(X ≤ $10) = 0.1841. From this we can determine that the mean of the distribution is equal to:

• A)$13.
• B)$26.
• C)$20.
• D)$28.

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Definitions:

Capital Balances

This term refers to the amounts of money partners in a partnership have contributed or that represents their share of ownership.

Replacement Cost

The current cost of replacing an asset with a similar new asset in terms of capability and function.

Inventory

The total amount of goods and materials held by a company for the purpose of resale or production.

Partnership

is a legal form of business operation between two or more individuals who share management and profits.