Question: when returns from a proiect can be assumed to be normally distributed such as those shown n Figure 13 6 represented by a symmetrical, bell

when returns from a proiect can be assumed to be normally distributed such as those shown n Figure 13 6 represented by a symmetrical, bell s the distribu o will fall wit in one standard deviation of the expected value 10 Simlarly 95 44 percent wil al ithin two standard deviations L cuirve, the areas under the curve can be determined rom statistical tables based on standard deviations. For example, 63.26 percent ef 201 and so on An abbreviated lable of areas under the ormai cune is sho n next. Number of '8 From Expectod Value 50 1 00 1.50 and- 1915 3830 8664 9938 2.74 4959 Assume Praject A has an expecled value of $31,000 and a standard deviation(af S6200 a. Whal is the probatily ta Ite oulcomewill e beween $27,900 and $34,100 (Raund your answer to 4 decimal places.) b. What s lhe prctability that the autcome will be between S21 700 and S40 3007(Round your answer to 4 decimal places-) c. What is the probabiity tha the outcomewill be at least $14 000? (Round your answer to 4 decimal places d. What is the prebability that the outcome wil be less than $45,830 (Round your answer to 4 decimal places.) e. What is the probability tha: the outcome will be less than 527,900 or greater than S34,1007 (Round your answer to 4 decimal places.) when returns from a proiect can be assumed to be normally distributed such as those shown n Figure 13 6 represented by a symmetrical, bell s the distribu o will fall wit in one standard deviation of the expected value 10 Simlarly 95 44 percent wil al ithin two standard deviations L cuirve, the areas under the curve can be determined rom statistical tables based on standard deviations. For example, 63.26 percent ef 201 and so on An abbreviated lable of areas under the ormai cune is sho n next. Number of '8 From Expectod Value 50 1 00 1.50 and- 1915 3830 8664 9938 2.74 4959 Assume Praject A has an expecled value of $31,000 and a standard deviation(af S6200 a. Whal is the probatily ta Ite oulcomewill e beween $27,900 and $34,100 (Raund your answer to 4 decimal places.) b. What s lhe prctability that the autcome will be between S21 700 and S40 3007(Round your answer to 4 decimal places-) c. What is the probabiity tha the outcomewill be at least $14 000? (Round your answer to 4 decimal places d. What is the prebability that the outcome wil be less than $45,830 (Round your answer to 4 decimal places.) e. What is the probability tha: the outcome will be less than 527,900 or greater than S34,1007 (Round your answer to 4 decimal places.)
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