Solved

The Number of Standard Deviations Z That a Particular Value

Question 6

Multiple Choice

The number of standard deviations z that a particular value of r is from the mean The number of standard deviations z that a particular value of r is from the mean   can be computed as   .Suppose that you work as a commission-only insurance agent earning $1,000 per week on average. Suppose that your standard deviation of weekly earnings is $500. What is the probability that you zero in a week? Use the following brief z-table to help with this problem.   A)  1.3% chance of earning nothing in a week B)  2.28% chance of earning nothing in a week C)  15.87% chance of earning nothing in a week D)  50% chance of earning nothing in a week E)  none of the above can be computed as The number of standard deviations z that a particular value of r is from the mean   can be computed as   .Suppose that you work as a commission-only insurance agent earning $1,000 per week on average. Suppose that your standard deviation of weekly earnings is $500. What is the probability that you zero in a week? Use the following brief z-table to help with this problem.   A)  1.3% chance of earning nothing in a week B)  2.28% chance of earning nothing in a week C)  15.87% chance of earning nothing in a week D)  50% chance of earning nothing in a week E)  none of the above .Suppose that you work as a commission-only insurance agent earning $1,000 per week on average. Suppose that your standard deviation of weekly earnings is $500. What is the probability that you zero in a week? Use the following brief z-table to help with this problem. The number of standard deviations z that a particular value of r is from the mean   can be computed as   .Suppose that you work as a commission-only insurance agent earning $1,000 per week on average. Suppose that your standard deviation of weekly earnings is $500. What is the probability that you zero in a week? Use the following brief z-table to help with this problem.   A)  1.3% chance of earning nothing in a week B)  2.28% chance of earning nothing in a week C)  15.87% chance of earning nothing in a week D)  50% chance of earning nothing in a week E)  none of the above


A) 1.3% chance of earning nothing in a week
B) 2.28% chance of earning nothing in a week
C) 15.87% chance of earning nothing in a week
D) 50% chance of earning nothing in a week
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions