Question: A variable X follows a normal distribution with the mean 75 and the standard deviation 12. Standardize the value of X = 105

A variable X follows a normal distribution with the mean 75 and the standard deviation 12. Standardize the value of X = 105

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

A variable X follows a normal distribution with the mean 100 and the standard deviation 10. Standardize the value of X = 115. Group of answer choices 1.5 -1.0 -1.5 1.0

Q:

1. Consider the following probability model where X depicts the total number of sunny days in a month that a city may have during the winter and the corresponding probabilities. X 18 19 20 21 22 23...

Q:

The variable X has a normal distribution with a mean of 50. What standard deviation would be necessary to ensure that 80% of the values of X are within 12 of the mean? Please show work!! I will vote....

Q:

no idea with this Question 1 (1 point) Suppose the random variable X follows a normal distribution with a mean of 50 and a standard deviation of 10. If a random sample of n = 20 observations are teen...

Q:

The tread life of a particular brand of tire is a random variable best described by a normal distribution with a mean of 60,000 miles and a standard deviation of 2800 miles. What is the probability a...

Q:

Find Cash Flow O Lost Revenue Proforma Income Stutement Should only We are considering the production of a new laser cat toy. This toy is will enabled and can be activated and controlled using a...

Q:

Help make a Pro Forma Income Statement excell ? O Lost Revenue Proforma Income Stutement Should only We are considering the production of a new laser cat toy. This toy is will enabled and can be...

Q:

Question1 You collected a sample of 100 observations. You are certain that the sample came from a Normal distribution with a standard deviation of 5. However, you are not sure about the mean, denoted...

Q:

Question1 You collected a sample of 100 observations. You are certain that the sample came from a Normal distribution with a standard deviation of 5. However, you are not sure about the mean, denoted...

Q:

Question1 You collected a sample of 100 observations. You are certain that the sample came from a Normal distribution with a standard deviation of 5. However, you are not sure about the mean, denoted...

Q:

An investor who is an individual could earn a 10% return either from shares that pay a low dividend and have high growth or from shares that pay a high dividend and have low growth. Assuming that the...

Q:

All of the following are possible reasons for using thefixed-order-interval model EXCEPT: Select one: a. grouping orders of different items can save in shippingcosts. b. continuous monitoring is not...

Q:

Whatbis the best threat modeling workshop for fintech startup launching a new mobile app ?

Q:

L Leasing Pte Ltd (LLL) and M Manufacturing Pte Ltd (MMM) are companies incorporated in Singapore and have 31 December accounting year-ends. Both adopt the Singapore financial reporting standards...

Q:

4-42. Thank you in advance for your co-operation on this matter.

Q:

4-43. Its a dog-eat-dog world out there in the rat race of the asphalt jungle.

Q:

4-44. Management (inaugurated) the recycling policy six months ago.