Question: The probability distribution of possible net present value s for project X has an expected value of $20,000 and a standard deviation of $10,000. Assuming

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 zero or less, that it will be greater than $30,000, and that it will be less than $5,000.

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The general formula to use is For zero or less Z 0 20000 10000 20 For 30000 or mor... View full answer

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