In a survey of South African CEOs, the annual incomes were normally distributed, with a mean of
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In a survey of South African CEOs, the annual incomes were normally distributed, with a mean of \($7.14\) million and a standard deviation of \($0.5\) million. Find the probability that a randomly selected CEO has an annual income that is
(a) less than \($6.5\) million,
(b) between \($7\) million and \($7.5\) million, and
(c) more than 8 million. Identify any unusual events in parts (a)–(c). Explain your reasoning.
Find the indicated probabilities. If convenient, use technology to find the probabilities.
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9781292260464
7th Global Edition
Authors: Betsy Farber, Ron Larson
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