The annual revenue of a manufacturing plant follows a normal distribution with a mean value () of 100 million dollars and COV of 0 2 If the annual cost of operation is 160 million dollars, find the annual probability of making profit ...

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The annual revenue of a manufacturing plant follows a normal distribution with a mean value () of

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The annual revenue of a manufacturing plant follows a normal distribution with a mean value (μ) of 100 million dollars and COV of 0.2. If the annual cost of operation is 160 million dollars, find the annual probability of making profit.

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Probability Statistics And Reliability For Engineers And Scientists

ISBN: 9781439809518

3rd Edition

Authors: Bilal M. Ayyub, Richard H. McCuen

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Question Posted: Sep 19, 2024 02:27 PM

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The annual revenue of a manufacturing plant follows a normal distribution with a mean value () of

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Probability Statistics And Reliability For Engineers And Scientists

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