Answer:
B
Step-by-step explanation:
We can't see the answer choices?
Answer:
1.155
Step-by-step explanation:
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<span>C) The expected value is - $2,000, so the company should not proceed with the project.</span>
The answer is B; at least, I am pretty sure that's the answer.
Answer:
P(57 < X < 69) = 0.1513
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:

Find P(57 < X < 69):
This is the pvalue of Z when X = 69 subtracted by the pvalue of Z when X = 57. So
X = 69



has a pvalue of 0.9564
X = 57



has a pvalue of 0.8051
0.9564 - 0.8051 = 0.1513
P(57 < X < 69) = 0.1513