Suppose the mean income of firms in the industry for a year

Suppose the mean income of firms in the industry for a year is 15 million dollars with a standard deviation of 5

million dollars. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn less than 26 million dollars? Round your answer to four decimal places

Solution

Suppose the mean income of firms in the industry for a year is 15 million dollars with a standard deviation of 5 million dollars. If incomes for the industry ar

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