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Cynthia is president of an international chemical distribution company, Cchem. Weekly gross sales for Cchem has a mean of $1 million and standard deviation of
Cynthia is president of an international chemical distribution company, Cchem. Weekly gross sales for Cchem has a mean of $1 million and standard deviation of $0.2 million; the distribution of sales is highly right-skewed. One week's sales are independent of the sales in any other week. Use this information to answer questions 5 to 6 below.
What is the probability that sales for the week of October 5, 2009 will be more than $1.25 million?
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