An analyst is forecasting net income for EC, Corp. for the 2006 fiscal year. Her low-end estimate is $142,829 and her high-end estimate is $235,440. Prior research allows her to assume that net income follows a continuous uniform distribution. That is, all outcomes between her low and high estimates are equally likely. What is the probability that net income will be greater than or equal to $211,100? Your answer should be in percent rounded to 2 decimal places "25.25" for 25.25%.
Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.
Numbers
Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.
Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
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