Here are the essential concepts you must grasp in order to answer the question correctly.
Standard Normal Distribution
The standard normal distribution is a special normal distribution with a mean of 0 and a standard deviation of 1. It is used to describe how data is distributed in a standardized way, allowing for comparison across different datasets. The z-score represents the number of standard deviations a data point is from the mean, facilitating the calculation of probabilities and areas under the curve.
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Z-Score
A z-score indicates how many standard deviations an element is from the mean of a distribution. It is calculated by subtracting the mean from the value and then dividing by the standard deviation. In the context of the standard normal distribution, a z-score of -0.355 means the value is 0.355 standard deviations below the mean, which is essential for determining the area to the right of this z-score.
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Area Under the Curve
The area under the curve of a probability distribution represents the likelihood of a random variable falling within a particular range. For the standard normal distribution, this area can be found using z-tables or technology, such as statistical software or calculators. In this case, finding the area to the right of z = -0.355 involves calculating the probability that a value is greater than this z-score.
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