Step 1: Understanding the Concept:
Standard notation for the univariate Gaussian normal distribution: $X \sim N(\mu, \sigma)$ specifies a normally distributed random variable $X$ with location parameter mean $\mu$ and scale parameter standard deviation $\sigma$.
Key Formula or Approach:
\[ X \sim N(\mu, \sigma^2) \quad \text{or} \quad X \sim N(\mu, \sigma) \implies \mu = \text{Mean} = 100, \quad \sigma = \text{Standard Deviation} = 15 \]
Step 2: Detailed Explanation:
In statistical theory and distribution notation:
- The standard shorthand notation \( X \sim N(\mu, \sigma) \) signifies that:
1. The random variable \( X \) follows a Normal (Gaussian) Distribution.
2. The first parameter \( \mu = 100 \) represents the Population Mean.
3. The second parameter \( 15 \) represents the Standard Deviation ($\sigma = 15$).
- Therefore, the expression is read as: '$X$ is a normal random variable with mean 100 and standard deviation 15'.
Step 3: Final Answer:
Therefore, X ~ N(100, 15) is read as X is a normal random variable with mean 100 and standard deviation 15, corresponding to option (B).