1. The profit in a business on any given day has an expected value of 300 euro and a standard deviationof 50 euro.(a) Find the approximate probability that the total profit in 30 days of business exceeds 9500 euro.(b) Find the approximate probability that the average profit in 30 days is less than 290 euro.

The provided information is as follows:The expected value is euro.The standard deviation is…

Answered: 1. The profit in a business on any…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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