Question
In: Finance
Which of the following is not a characteristic of the normal probability distribution?
Which of the following is not a characteristic of the normal probability distribution?
a. symmetry
b. The total area under the curve is always equal to 1.
c. 99.72% of the time the random variable assumes a value within plus or minus 1 standard deviation of its mean
d. The mean is equal to the median, which is also equal to the mode.
Solutions
Expert Solution
Normal Distribution is symmetric distribution with mean = mode = medium.
Any Probability Distribution is distribution which have sum of probabilties of all the cases under distribution as 1.
Therefore options (a), (b) and (d) are correct.
plus or minus 1 standard deviation in normal distribution covers 68.3% and not 99.72%
Therefore answer is option (c)
jeff jeffy answered 2 years agoRelated Solutions
Which of the following is NOT a characteristic of the normal probability distribution? a....
1.
Which of the following is NOT a characteristic of the normal probability distribution?
a. The distribution is symmetrical.
b. The mean, median, and mode are equal.
c. The standard deviation must be 1.
d. The mean of the distribution can be negative, zero, or positive.
2.
For a standard normal distribution, P(Z 0) is
a. Zero
b.one D
c.0.5
d.HOS
1. Which of the following is not a characteristic of the normal probability distribution? a. The...
1. Which of the following is not a
characteristic of the normal probability distribution?
a.
The distribution is symmetrical
b.
The mean of the distribution can be negative, zero, or
positive
c.
The standard deviation must be 1
d.
The mean, median, and the mode are equal
2. If , n = 12, and the slope equals 0.5, then the
y-intercept of the least squares line is
b0 = 276.08.
True
False
3. The coefficient of correlation r is a...
which of the following is not a characteristic of the normal probability distribution? the mean is...
which of the following is not a characteristic of the normal
probability distribution?
the mean is equal to the median, which is also equal to the
mode
the total area under the curve is always equal to 1
the mean is 0 and thr Standard deviation is 1
the distribution is symmetrical
Which of the following is NOT a characteristic of the normal probability distribution? The mean, median,...
Which of the following is NOT a characteristic of the normal
probability distribution?
The mean, median, and mode are equal.
It is asymptotic, meaning the curve approaches, but never
touches, the x-axis.
It is symmetrical and bell-shaped.
It is completely described by its minimum value, a, and
its maximum value, b.
Which of the following is NOT a characteristic of the normal probability distribution? The mean, median,...
Which of the following is NOT a characteristic of the normal
probability distribution?
The mean, median, and mode are equal.
It is asymptotic, meaning the curve approaches, but never
touches, the x-axis.
It is symmetrical and bell-shaped.
It is completely described by its minimum value, a, and
its maximum value, b.
Which of the following is not a characteristic for a normal distribution? a. It is a...
Which of the following is not a characteristic for a normal
distribution?
a. It is a symmetrical distribution
b. The mean is always zero
c. The mean, median, and mode are all equal
d. It is a bell-shaped distribution
e. The area under the curve always equals 1.0
Which of the following is not a characteristic of a normal variable? Select one: a. It...
Which of the following is not a characteristic
of a normal variable?
Select one:
a. It assumes a countable number of values.
b. The probability of each individual value is virtually 0.
c. The mean and the median are always the same.
d. It is a continuous random variable.
Donald has in his pocket three coins: two fair coins and a
two-headed coin. He selects one of the coins at random; when he
tosses it, it shows head. What is...
Describe the point estimate, normal probability distribution, and standard normal probability distribution in details, in 4 paragraphs.
Empolyee
age
1
25
2
32
3
26
4
40
5
50
6
54
7
22
8
23
age
Mean
34
Standard Error
4.444097209
Median
29
Mode
#N/A
Standard Deviation
12.56980509
Sample Variance
158
Kurtosis
-1.152221485
Skewness
0.767648041
Range
32
Minimum
22
Maximum
54
Sum
272
Count
8
Confidence Level(95.0%)
10.50862004
Describe the point estimate, normal probability distribution, and standard normal probability distribution in details, in 4 paragraphs.
Which of the following is not a characteristic of governmental rent controls? A. Equitable distribution of...
Which of the following is not a characteristic of governmental
rent controls?
A. Equitable distribution of apartments.
B. Excess demand for apartments.
C. Fewer newly built apartment buildings.
D. Very low vacancy rates.
1. Following a normal probability distribution with a mean of 200 and a standard deviation of...
1. Following a normal probability distribution with a mean of
200 and a standard deviation of 10, 95 percent of the
population will be between:
200 and 220
180 and 220
180 and 200
less than 180
3. A family of four spends an average of $1000 per month with a
standard deviation of $50. This spending follows a
normal continuous distribution.
What is the probability that a family will spend more than $1050
in a month? (answer to 3 decimal places)
5....
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- We are evaluating a project that costs $868,000, has a life of eight years, and has...
- a.) Given sample data: 61.2, 61.9, 62.8, 63.1, 64.0, 64.3, 64.9, 65.5, 66.3 and 67.9, test...
- A research paper describes an experiment in which 74 men were assigned at random to one...
- 1. Which components would a retail organization consider while surveying/assessing the suitability of its products for...
- Design and inplement a synchronous counter that counts.
- Another common second-order R-K method is Ralston’s method. For this method, a2=2/3. Derive expressions for a1,...
- Venus Cellular Limited (“Venus”) is the leading, worldwide provider of a wide variety of telecommunications equipment...
ADVERTISEMENT