If a random variable Y is normally distributed with mean and standard deviation , the Z

Question:

If a random variable Y is normally distributed with mean μ and standard deviation σ, the Z ratio Y – μ/σ is often referred to as a normed score: It indicates the magnitude of y relative to the from which it came. "Norming" is sometimes used as an affirmative action mechanism in hiring decisions. Suppose a cosmetics company is seeking a new sales manager. The aptitude test they have traditionally given for that position shows a distinct gender bias: Scores for men are normally distributed with μ = 62.0 and σ = 7.6, while scores for women are normally distributed with μ = 76.3 and σ = 10.8. Laura and Michael are the two candidates vying for the position: Laura has scored 92 on the test and Michael 75. If the company agrees to norm the scores for gender bias, whom should they hire?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...