3. (3) 3.1 Provide a practical example of the application of the normal probability distribution in business processes.
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3. (3) 3.1 Provide a practical example of the application of the normal probability distribution in business processes.
3. (3) 3.1 Provide a practical example of the application of the normal probability distribution in business processes. 3.2 Suppose the random variable Y has a normal distribution with expected value equal to 12 and variance equal to 16. (2) What is the value of k such that P(X<k) = 0.25
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