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Assume Project A has an expected value of $35,000 and a standard deviation (σ) of $7,000. (Round your answer to 4 decimal places.)

a. What is the probability that the outcome will be between $31,500 and $38,500?

b. What is the probability that the outcome will be between $28,000 and $42,000?

c. What is the probability that the outcome will be at least $18,000?

d. What is the probability that the outcome will be less than $43,020?

e. What is the probability that the outcome will be less than $28,000 or greater than $42,000?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92750455

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