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 100 million dollars with a standard deviation of 15 million dollars. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn between 119 and 124 million dollars? Round your answer to four decimal places.

Solution

Suppose the mean income of firms in the industry for a year is 100 million dollars with a standard deviation of 15 million dollars. If incomes for the industry

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site