1. The net profit of an investment is normally distributed with a meanof $10,000 and a standard deviationof $5,000. The probabilitythat the investor’s net gain will be at least $5,000 is _____________.

a) 0.4967

b) 0.8413

c) 0.1859

d) 0.3413

2. A company believes that it controls more than 30% of the total market share for one of its products. To prove this belief, a random sampleof 144 purchases of this product are contacted. It is found that 50 of the 144 purchased this company’s brand of the product. If a researcher wants to conduct a statistical test for this problem, the test would be _______.

a) an alpha test

b) a one-tailed test

c) a finite population test

d) a two-tailed test

1. The net profit of an investment is normally distributed with a mean of $10,000 and a standard deviation of $5,000. The probability that the investor’s net gain will be at least $5,000 is _____________.

a) 0.4967

b) 0.8413

c) 0.1859

d) 0.3413

Answer: b) 0.8413

Mean=M = …

Answers multiple choice questions on Normal Distribution, Statistical test.