Answer:
And the best option would be:
Step-by-step explanation:
We assume that the distribution for the random variable is:
For this case we want to calculate the following probability:
And we can use the normal standard distribution or excel and we got:
point-slope form:
hope this helps :)
$0.30 x 4= $1.20
$3.00 divided by $1.20= $1.80
I hope this is what you were looking for