Statistics MCQ
Statistics
A small business owner determines that her revenue during the next year should be approximately normally distributed with a mean of $425,000 and a standard deviation of $130,000. What is the probability that her revenue will exceed $600,000?
A small business owner determines that her revenue during the next year should be approximately normally distributed with a mean of $425,000 and a standard deviation of $130,000. What is the probability that her revenue will exceed $600,000?
A small business owner determines that her revenue during the next year should be approximately normally distributed with a mean of $425,000 and a standard deviation of $130,000. What is the probability that her revenue will exceed $600,000?
a. .9999
b. .5000
c. .0885
d. .9115
Answer: c. .0885
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