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Builtrite has calculated the average daily cash flow to be $54,000 with a standard deviation of $4000. The store manager will lose their 3% weekly
Builtrite has calculated the average daily cash flow to be $54,000 with a standard deviation of $4000. The store manager will lose their 3% weekly bonus if the daily cash flow falls in the bottom 4%. What is the daily cash flow amount that would lose the manager their bonus? (Assume a normal distribution.) $59,640 $53,718$48,360 $47,000
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