Use @RISK to draw a normal distribution with mean 500 and standard deviation 100. Then answer the

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Use @RISK to draw a normal distribution with mean 500 and standard deviation 100. Then answer the following questions.
a. What is the probability that a random number from this distribution is less than 450?
b. What is the probability that a random number from this distribution is greater than 650?
c. What is the probability that a random number from this distribution is between 500 and 700?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Data Analysis And Decision Making

ISBN: 415

4th Edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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