test point(s) possible 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 $2,500,000 with a standard deviation of $125,000. The second investment has a mean return of $2,775,000 with a standard deviation of $600,000. Complete parts a through c below. a. How likely is it that the first investment will return $2,400,000 or less? The probability is (Round to four decimal places as needed.) b. How likely is it that the second investment will return $2,400,000 or less? The probability is (Round to four decimal places as needed.) c. If the firm would like to limit the probability of a return being less than $2,275,000, which investment should it make? The probability of a return being less than $2,275,000 is second investment, so the firm should make the with the first investment and investment. with the Next point(s) possible < 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 $2,500,000 with a standard deviation of $125,000. The second investment has a mean return of $2,775,000 with a standard deviation of $600,000. Complete parts a through c below. a. How likely is it that the first investment will return $2,400,000 or less? The probability is. (Round to four decimal places as needed.) b. How likely is it that the second investment will or less? The probability is (Round to four decimal places as needed.) c. If the firm would like to limit the probability of a The probability of a return being less than $2,275, second investment, so the firm should make the first > han $2,275,000, which investment should it make? second first investment and with the investment. Next