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Matofali imitations company have predicted that their turnover for next year will be TZS 4 5 0 , 0 0 0 and that their costs

Matofali imitations company have predicted that their turnover for next year will be TZS 450,000 and that their costs will be TZS 400,000. They thus expect to make a profit of TZS 50,000 and are quit happy. As you talk to the partners, however you realize that there are a whole host of factors which will affect both the turnover and costs figures. You persuade them to look at the problem as if each figure were a variable and suggest that they treat them as having normal distributions. Given the nature of the business, you decide to assume a standard deviation of TZS 25,000 for each distribution. What is the probability that the partnership makes a profit?

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