During fiscal 2002, the average daily volume for FedEx Corporation was 3,077,000 packages per day. Assuming a

Question:

During fiscal 2002, the average daily volume for FedEx Corporation was 3,077,000 packages per day. Assuming a normal distribution and a standard deviation of 400,000 packages per day, on what proportion of the days was the volume between 3,000,000 and 3,200,000 packages?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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