Question
Builtrite has calculated the average cash flow to be $16,000 with a standard deviation of $4000. What is the probability of a cash flow being
Builtrite has calculated the average cash flow to be $16,000 with a standard deviation of $4000. What is the probability of a cash flow being greater than $11,000? (Assume a normal distribution.)
Group of answer choices
A.10.56%
B.39.44%
C.60.56%
D.89.44%
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Analysis Of Financial Data
Authors: Gary Koop
1st Edition
0470013214, 978-0470013212
