10 Warren Dinner has invested in nine different investments. The profits earned on the different investments are...
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10 Warren Dinner has invested in nine different investments. The profits earned on the different investments are independent. The return on each investment follows a normal distribution, with a mean of $500 and a standard deviation of $100.
a There is a 1% chance that the total return on the nine investment is less than .
b The probability that Warren’s total return is between
$4,000 and $5,200 is .
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Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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