If the Random Variable X Is Normally Distributed, with a Mean

question 85

Multiple Choice

If the random variable X is normally distributed, with a mean of 75 and a standard deviation of 8, which of the following values is the probability that X is greater than or equal to 75?

• A) 0.125
• B) 0.500
• C) 0.625
• D) 0.975

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Definitions:

Commercial Arbitration

A form of arbitration to resolve business disputes outside the courts, where the parties involved appoint an arbitrator(s).

Commercial Invoice

A document used in international trade that details the price, type, and quantity of goods shipped, serving as a demand for payment.

Contract of Affreightment

An agreement between a ship-owner and a charterer to transport goods in a specified quantity over a set period of time without designating a specific vessel.