The amount spent monthly, x, for maintenance and repairs at XONIX, LLC, is normally distributed with a
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The amount spent monthly, x, for maintenance and repairs at XONIX, LLC, is normally distributed with a mean of $2000 and standard deviation of $120. If x is the amount budgeted for next month, find x to the nearest $10 so that the probability of being over-budget for maintenance and repairs is 0.05.
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Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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