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Suppose that the average annual profit of small businesses is $500,000 with a standard deviation of $150,000. Assume that the revenue distribution is normal. What
Suppose that the average annual profit of small businesses is $500,000 with a standard deviation of $150,000. Assume that the revenue distribution is normal. What is the probability that the average annual revenue of a random sample of 25 businesses is more than $600,000? (Take your answer to four decimal points.)
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