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answers please thankyou so much When returns from a project can be assumed to be normally distributed, such as those shown in Figure 136 (represented
answers please thankyou so much
When returns from a project can be assumed to be normally distributed, such as those shown in Figure 136 (represented by a symmetrical, bell-shaped curve), the areas under the curve can be determined from statistical tables based on standard deviations. For example. 68.26 percent of the distribution will fall within one standard deviation of the expected value (D10). Similariy, 95.44 percent will fall within two standard deviations (D=2), and 50 on. An abbrevated table of areas under the normal curve is shown next. Assume Project A has an expected value of $38.000 and a standard deviation () of $7.600. a. What is the probability that the outcome will be berween $30.400 and $45.600 ? Note: Do not round intermediate celeuletions. Round your answer to 4 decinal pleces. b. What is the probability that the outcome will be between $26,600 and $49,400 ? Note: Do not round Intermedlate calculations. Round your answer to 4 decimal places. c. What 15 the probability that the outcome will be at least $17.000 ? Note: Do not round Intermedlate calculatlons. Round your answer to 4 decimal places. d. What is the probablity that the outcome will be less than $47.590 ? Note: Do not round intermedlate colculations. Round your onswer to 4 decimal pleces. e. What is the probability that the outcome will be less than $30.400 or greater than $45.600 ? Note: Do not round intermedlete colculotlons. Round your answer to 4 decimal places Step by Step Solution
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