- CFA Exams
- CFA Exam: Level I 2021
- Study Session 3. Quantitative Methods (2)
- Reading 9. Common Probability Distributions
- Subject 8. The Standard Normal Distribution

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**CFA Practice Question**

A computed z-value of -1.75 tells us ______

B. the mean of the distribution is -1.75.

C. the standard deviation of the distribution is -1.75.

D. none of the above

A. the value -1.75 has a standard normal distribution.

B. the mean of the distribution is -1.75.

C. the standard deviation of the distribution is -1.75.

D. none of the above

Correct Answer: D

A z-value of -1.75 tells us that the observation is 1.75 standard deviations below the mean.

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**User Contributed Comments**
1

User |
Comment |
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mikeburns |
Z-Value represents the number of std deviations. |