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The Arc Electronic Company had an income of 56 56 million dollars last year. Suppose the mean income of firms in the same industry as

The Arc Electronic Company had an income of 56

56 million dollars last year. Suppose the mean income of firms in the same industry as Arc for a year is 55

55 million dollars with a standard deviation of 1

1 million dollars. If incomes for this industry are distributed normally, what is the probability that a randomly selected firm will earn more than Arc did last year? Round your answer to four decimal places.

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