Consider a random variable \(X\) that follows a normal distribution with a mean (\(\mu\)) of 40 and a standard deviation (\(\sigma\)) of 14. Calculate the probability that \(X\) falls outside the range of 12 to 61. | Financial Risk Manager Part 1 Quiz - LeetQuiz
Financial Risk Manager Part 1
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Consider a random variable (X) that follows a normal distribution with a mean ((\mu)) of 40 and a standard deviation ((\sigma)) of 14. Calculate the probability that (X) falls outside the range of 12 to 61.