In: Statistics and Probability
Biotech Co tracks their daily profits and has found that the
distribution of profits is approximately normal with a mean of
$22,400.00 and a standard deviation of about $650.00. Using this
information, answer the following questions.
For full marks your answer should be accurate to at least three
decimal places
Compute the probability that tomorrow's profit will be:
a.) less than $22,315.50 or greater than $22,348.00
b.)between $23,589.50 and $23,693.50
c.) greater than $21,217.00
d.) between $20,502.00 and $21,932.00
e.) less than $22,666.50 or greater than $23,895.00