A project's profit (in thousands), is a random variable with normal distribution. The variance equal to the cube of the mean. The probability of the project loss (negative profit) is 6.94%. The expectation of the profit is: Select one: а. 326.5 b. 282.9 С. 410.9 d. 371.8 е. 456.5

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A project's profit (in thousands), is a random variable with normal distribution. The variance equal
to the cube of the mean. The probability of the project loss (negative profit) is 6.94%. The
expectation of the profit is:
Select one:
а. 326.5
b. 282.9
с. 410.9
d. 371.8
е. 456.5
Transcribed Image Text:A project's profit (in thousands), is a random variable with normal distribution. The variance equal to the cube of the mean. The probability of the project loss (negative profit) is 6.94%. The expectation of the profit is: Select one: а. 326.5 b. 282.9 с. 410.9 d. 371.8 е. 456.5
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