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The forecast monthly revenues for a firm are modeled using a random variable that is distributed according to a normal distribution with mean $850,000 and
The forecast monthly revenues for a firm are modeled using a random variable that is distributed according to a normal distribution with mean $850,000 and standard deviation $165,000.
What is the probability that the revenues will be less than $700,000? Choose the closest numerical answer.
1 point
0.10
0.50
0.18
0.73
0.27
0.90
0.82
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