Question
A risk manager at a rental car company assumes that total yearly physical damage losses to the company's rental cars follows a normal distribution with
A risk manager at a rental car company assumes that total yearly physical damage losses to the company's rental cars follows a normal distribution with an expected annual loss () of $200M and a standard deviation () of losses of $10M. This company can be 84% confident that the annual losses will be less than:
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Get StartedRecommended Textbook for
Linear Algebra with Applications
Authors: Steven J. Leon
7th edition
131857851, 978-0131857858
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