Assignment:
Question 1. "Legal Influences"
Legal Influences
Do we have too many laws? Does the existence of so many laws and regulations hinder or help American Business today? Feel free to give examples of some "stupid" laws! Have fun with this discussion!
Question 2. "The Normal Probability Distribution"
The Normal Probability Distribution
In §6.2 we are introduced to the Normal Probability Distribution and the special case of the Normal Probability Distribution, the Standard Normal Probability Distribution, which is a Normal Probability Distribution with mean (u) zero and variance (σ2) one.
One way to find probabilities from a Standard Normal Distribution is to use probability tables, which are located inside the front cover of your textbook.
• According to the table, what is the probability when z ≤ -1.75? The probability when z ≤ 1.75?
• What properties of probability distributions and specifically the Normal Probability Distribution do you notice from the two probabilities that you have found in the table?