A biotechnology company partially finances 42 ongoing research projects at several North American universities. The an support granted for each project is determined by the progress of the project and has a mean of $22,483 and a standa deviation of $8045. The company has an annual budget of $1,000,000 for supporting research activities. What is the probability that the support granted for 42 projects will exceed the annual budget? Carry your intermediate computations to at least four decimal places. Report your result to at least three decimal places ?
A biotechnology company partially finances 42 ongoing research projects at several North American universities. The an support granted for each project is determined by the progress of the project and has a mean of $22,483 and a standa deviation of $8045. The company has an annual budget of $1,000,000 for supporting research activities. What is the probability that the support granted for 42 projects will exceed the annual budget? Carry your intermediate computations to at least four decimal places. Report your result to at least three decimal places ?
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A biotechnology company partially finances 42 ongoing research projects at several North American universities. The annual
support granted for each project is determined by the progress of the project and has a mean of $22,483 and a standard
deviation of $8045. The company has an annual budget of $1,000,000 for supporting research actiívities. What is the
probability that the support granted for 42 projects will exceed the annual budget?
Carry your intermediate computations to at least four decimal places. Report your result to at least three decimal places.
Explanation
Check
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