Assume N(d₂)= N(3.0155)= 0.9987.Given this assumption,a drawing from the standardized normal distribution has a ________ percent probability of being less than ________.

Question

Quizplus · Accepted Answer

Since N(d₂)= 0.9987, we know that the probability of a standardized normal random variable being less than d₂ is 0.9987. Therefore, the answer is (C) 99.87% probability of being less than 3.0155.

Assume N(d2)= N(3

Assume N(d₂)= N(3