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Suppose two distributions with the following characteristics are given. Distribution A -46,100 -6,339 Distribution B -30.30 =5.54 If a value from distribution A is 55,600 and a value from distribution B is 34, convert each value to a standardized z-value and indicate which one is relatively closer to its respective mean by choosing one of the options below. The value from distribution A is relatively closer to its mean because its corresponding z-value is smaller than the z-value corresponding to the value from distribution B. The value from distribution B is relatively closer to its mean because its corresponding z-value is smaller than the z-value corresponding to the value from distribution A. The value from distribution B is relatively closer to its mean because its corresponding z-value is larger than the z-value corresponding to the value from distribution A. The value from distribution A is relatively closer to its mean because its corresponding z-value is larger than the z-value corresponding to the value from distribution B.

Suppose two distributions with the following characteristics are given. Distribution A -46,100 -6,339 Distribution B -30.30 =5.54 If a value from distribution A is 55,600 and a value from distribution B is 34, convert each value to a standardized z-value and indicate which one is relatively closer to its respective mean by choosing one of the options below. The value from distribution A is relatively closer to its mean because its corresponding z-value is smaller than the z-value corresponding to the value from distribution B. The value from distribution B is relatively closer to its mean because its corresponding z-value is smaller than the z-value corresponding to the value from distribution A. The value from distribution B is relatively closer to its mean because its corresponding z-value is larger than the z-value corresponding to the value from distribution A. The value from distribution A is relatively closer to its mean because its corresponding z-value is larger than the z-value corresponding to the value from distribution B.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Suppose two distributions with the following characteristics are given. Distribution A -46,100 -6,339 Distribution B -30.30 =5.54 If a value from distribution A is 55,600 and a value from distribution B is 34, convert each value to a standardized z-value and indicate which one is relatively closer to its respective mean by choosing one of the options below. The value from distribution A is relatively closer to its mean because its corresponding z-value is smaller than the z-value corresponding to the value from distribution B. The value from distribution B is relatively closer to its mean because its corresponding z-value is smaller than the z-value corresponding to the value from distribution A. The value from distribution B is relatively closer to its mean because its corresponding z-value is larger than the z-value corresponding to the value from distribution A. The value from distribution A is relatively closer to its mean because its corresponding z-value is larger than the z-value corresponding to the value from distribution B.
Transcribed Image Text:Suppose two distributions with the following characteristics are given. Distribution A -46,100 -6,339 Distribution B -30.30 =5.54 If a value from distribution A is 55,600 and a value from distribution B is 34, convert each value to a standardized z-value and indicate which one is relatively closer to its respective mean by choosing one of the options below. The value from distribution A is relatively closer to its mean because its corresponding z-value is smaller than the z-value corresponding to the value from distribution B. The value from distribution B is relatively closer to its mean because its corresponding z-value is smaller than the z-value corresponding to the value from distribution A. The value from distribution B is relatively closer to its mean because its corresponding z-value is larger than the z-value corresponding to the value from distribution A. The value from distribution A is relatively closer to its mean because its corresponding z-value is larger than the z-value corresponding to the value from distribution B.
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