Question: =+Unit managers each submit estimates of output having a 16% chance of being exceeded. How likely is it that the total output estimate for the

=+Unit managers each submit estimates of output having a 16%

chance of being exceeded. How likely is it that the total output estimate for the company will be met? (Assume the distribution of output to be Normal.)

Corporate management re duces the total estimate, so that it has a 16% chance of being exceeded by reducing each estimate pro rata. How likely is it now that each unit estimate will be met?

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