A biotechnology company partially finances 43 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 $22,073 and a standard deviation of $8095. The company has an annual budget of $1,000,000 for supporting research activities What is the probability that the support granted for 43 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.

MATLAB: An Introduction with Applications
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A biotechnology company partially finances 43 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 $22,073 and a standard deviation of $8095. The company has an annual budget of $1,000,000 for
supporting research activities What is the probability that the support granted for 43 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.
Transcribed Image Text:A biotechnology company partially finances 43 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 $22,073 and a standard deviation of $8095. The company has an annual budget of $1,000,000 for supporting research activities What is the probability that the support granted for 43 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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