The weekly amount spent by a small company for in state travel has approximately a normal distribution with mean $1450 and standard deviation $220 What is the probability that the actual expenses will exceed $1560 in 20 or more weeks during the next year ...

Let Y be next weeks expenditure so Let X be the number of weeks out of ...

The weekly amount spent by a small company for in-state travel has approximately a normal distribution with

Question:

The weekly amount spent by a small company for in-state travel has approximately a normal with mean $1450 and standard deviation $220. What is the probability that the actual expenses will exceed $1560 in 20 or more weeks during the next year?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...