Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:The daily water consumption for an Ohio community is normally distributed with a mean consumption of 842,061 gallons and a
standard deviation of 87,901 gallons. The community water system will experience a noticeable drop in water pressure when the daily
water consumption exceeds 991,628 gallons. What is the probability of experiencing such a drop in water pressure? (Round
your answer to 4 decimal places. Round Z-scores to 2 decimal places.)
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