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) expectation of the profit is: 4.01%. The

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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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 4.01%. The
expectation of the profit is:
Select one:
a. 282.9
b. 371.8
C. 456.5
d. 410.9
e. 326.5
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 4.01%. The expectation of the profit is: Select one: a. 282.9 b. 371.8 C. 456.5 d. 410.9 e. 326.5
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