Suppose the mean income of firms in the industry for a year is $25 million with a standard deviation of $9 million. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn less than $34 million? Round your answer to four decimal places
Suppose the mean income of firms in the industry for a year is $25 million with a standard deviation of $9 million. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn less than $34 million? Round your answer to four decimal places
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Suppose the mean income of firms in the industry for a year is $25 million with a standard deviation of $9 million. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn less than $34 million? Round your answer to four decimal places
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