Question: plz help Builtrite has calculated the average cash flow to be $14,000 with a standard deviation of $5000. What is the probability of a cash

plz help
plz help Builtrite has calculated the average cash flow to be $14,000

Builtrite has calculated the average cash flow to be $14,000 with a standard deviation of $5000. What is the probability of a cash flow being between than $16,000 and $19,000 ? (Assume a normal distribution.) 16.25% 18.13% 23.90% 21.20%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!