The market value of a Venturi pump averages $$ 195.50$. There are a large number of suppliers
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The market value of a Venturi pump averages $\$ 195.50$. There are a large number of suppliers of the pump, and prices vary only slightly from the mean, but are still normally distributed. If the variance in market price is 10 (units $=\$^{2}$ ), what is the probability the market price at any point is at least $\$ 190.00$ ?
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The market value of a Venturi pump averages 19550 and the variance in market price is 10 2 We want t...View the full answer
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