Hi there, I find difficulty understanding this question from Schweser.

Could someone help me to explain why the answer is **D**? I think it is A

*Assume the profit/loss distribution for XYZ is normally distributed with an annual mean of $20 million and a standard deviation of $10 million. The 5% VaR is calculated and interpreted as which of the following statements?*

A. 5% probability of losses of at least $3.50 million.

B. 5% probability of earnings of at least $3.50 million.

C. 95% probability of losses of at least $3.50 million.

* D*. 95% probability of earnings of at least $3.50 million.

Many thanks,