Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

To standardize a variable you A. subtract its mean and divide by its standard deviation. B. add and subtract 1.96 times the standard deviation to

To standardize a variable you

A.

subtract its mean and divide by its standard deviation.

B.

add and subtract 1.96 times the standard deviation to the variable.

C.

integrate the area below two points under the normal distribution.

D.

divide it by its standarddeviation, as long as its mean is 1.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals of Financial Accounting

Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh

4th Canadian edition

978-1259103292

Students also viewed these Finance questions