Question: The probability distribution of possible net present values for project X has an expected value of $20,000 and a standard deviation of $10,000. Assuming a
The probability distribution of possible net present values for project X has an expected value of $20,000 and a standard deviation of $10,000. Assuming a normal distribution, calculate the probability that the net present value will be (i)zero or less, that (ii) it will be greater than $30,000, and that it will be less than $5,000.
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