A normal distribution has a mean equal to 10. What is the standard deviation of this normal

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A normal distribution has a mean equal to 10. What is the standard deviation of this normal distribution if the cutoff for the bottom 5% is x = 12.47?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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