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QUESTION 1:
Answer the following 4 questions A to D
Use the following probabilities in the table below to answer 4 (four) questions:
Mutual fund outperforms the market
Mutual fund does NOT outperform the market
Manager is male.
.25
.50
Manager is female.
.20
.10
A. P(Manager is Female) =B. P (Manager is Male OR Mutual Fund Outperforms the Market) =C. P(Manager is Female AND Mutual Fund does NOT Outperforms the Market)=D. P (Mutual Fund Outperforms the Market I Manager is Male)
QUESTION 2: Answer the following 2 questions A to B.
A. What is the answer to the following probability questions using the normal distribution table at the end of the exam?
P(Z < 1.66) P(Z > 1.66) P(1.22 < Z < 1.66)
B. A student has a score of 54 in an exam with a mean of 55 and a standard deviation of 3?What is the z score for a score of 54?What is P(x < 54)?What is P(54 < x < 55)?
Verified Expert
This is a quick analysis of the probability and normal distribution, primarily based on 2 questions which can be sorted on intermediate knowledge of the basic statistics.It was done with the help of excel formals.
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it is a very small question and its basic part of probability here you do not have to apply any theorem or proper concept. Just solve the questions by simply applying formula no need for analysis in it.
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