The normal distribution is:

Question

 

A. a binomial distribution with only one parameter

B. a density function of a discrete random variable

C. a discrete distribution

D. the single most important distribution in statistics

 

Answer 1

given a population with a normal distribution, a mean of 100 and a standard deviation of 15 what value has an areas of .1234 to its right

Answer 2

in a game of roulette, a player can place a $6 bet on number 7 and have a 1/38 probability of winning. If the metal ball lands on 7, the player gets to keep the $6 paid to play the game and the player is awarded an additional $210. Otherwise, the player is awarded nothing and the casino takes the player's $6. What is the expected value of the game of the player? if you played the game 1000 times, how much would you expect to lose?