Question: In Problem 8.14 it turns out that the project manager overestimated the project NPV, and the best estimate is that now $mathrm{NPV}=$ 2,444$ with a
In Problem 8.14 it turns out that the project manager overestimated the project NPV, and the best estimate is that now $\mathrm{NPV}=\$ 2,444$ with a standard deviation of $\$ 1,500$. What is the probability that NPV could be 0 or less?
Data from problem 8.14
A project has an NPV of $\$ 3,444$ and a standard deviation of $\$ 1,780$. What is the probability that NPV could be 0 or less?
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