A Normal distribution has a mean of 500 and a standard deviation of 50.A manager wants to simulate two values from this distribution,and has drawn these random numbers: -0.60 and +1.40.Respectively,the two values are:
A)640 and 440.
B)470 and 570.
C)570 and 470.
D)440 and 640.

Question

Quizplus · Accepted Answer

To simulate values from a normal distribution, you use the formula: simulated value = mean + (random number * standard deviation). For the first value: 500 + (-0.60 * 50) = 470. For the second value: 500 + (1.40 * 50) = 570.

A Normal Distribution Has a Mean of 500 and a Standard