- CFA Exams
- CFA Level I Exam
- Study Session 3. Quantitative Methods (2)
- Reading 9. Common Probability Distributions
- Subject 8. The Standard Normal Distribution

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**CFA Practice Question**

We would like to refer all probability statements to one set of normal probability values. The distribution that fills this role is known as the ______.

A. binomial distribution

B. standard normal distribution

C. continuous uniform distribution

**Explanation:**The standard normal distribution is the distribution that occurs when a normal random variable has a mean of zero and a standard deviation of one.

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**User Contributed Comments**
1

User |
Comment |
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nlipinski9 |
I'll have to remember my distribution hat on test day |