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Suppose the mean income of firms in the industry for a year is25 million dollars with a standard deviation of7 million dollars. If incomes for
Suppose the mean income of firms in the industry for a year is25 million dollars with a standard deviation of7 million dollars. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn less than40 million dollars? Round your answer to four decimal places.
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