Hertza is a car rental company with a large fleet of automobiles. Assume the number of physical damage losses for Hertza is normally distributed with a mean of 550 and a standard deviation of 100. Use the Excel Norm.Dist function to find the probability that:

1. Less than 450 losses will occur
2. More than 700 losses will occur
3. Between 460 and 520 losses will occur

b 7 Mean Standard Deviation Probability 8 9 10 x Mean Standard Deviation Probability 11 12 13 14 15 X1 Mean Standard Deviation Probability 16 17 X2 Mean Standard Deviation Probability 18 19 20