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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 median value of this distribution, in $?
1 point
685,000
1,015,000
850,000
1,180,000
200,000
520,000
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