= 2-59 Kissan Bank has hired P. Chowdari, a business analytics expert. On studying transaction data for

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= 2-59 Kissan Bank has hired P. Chowdari, a business analytics expert. On studying transaction data for a period of six months, Chowdari declared that the number of banker’s check (BCs) issued every day is normally distributed with a mean of 35 and a standard deviation of 4. Calculate the following probabilities.

(a) More than 40 BCs will be issued on a particular day.

(b) No BCs will be issued on a particular day.

(c) Less than 10 BCs will be issued on a particular day

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Quantitative Analysis For Management

ISBN: 9789332578692

12th Edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

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