nments - MGMT403.98.ECON436.98 P Do Homework - Problem Set 5 O INE mathxl.com MGMT 403 & ECON 436-98: STATISTICS FOR BUSINESS DECISIONS Marvin Lee & | 10/02/20 10:56 PM Homework: Problem Set 5 Save o to Score: 0.2 of 1 pt 3 of 8 (6 complete) HW Score: 55.63%, 4.45 of 8 pts 6.1.20-T Question Help A private equity firm is evaluating two alternative investments. Although the returns are random, each investment's return can be described using a normal distribution. The first investment has a mean return of $2,000,000 with a standard deviation of $175,000. The second investment has a mean return of $2,225,000 with a standard deviation of $600,000. Complete parts a through c below. t of 8 a. How likely is it that the first investment will return $1,700,000 or less? The probability is 0.0436 . (Round to four decimal places as needed.) final s b. How likely is it that the second investment will return $1,700,000 or less? The probability is (Round to four decimal places as needed.)