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You are told that the Sales for your firm is normally distributed with a mean of $450,000 and a standard deviation of $5
Posted: Sun Jun 05, 2022 3:47 pm
by answerhappygod
- You Are Told That The Sales For Your Firm Is Normally Distributed With A Mean Of 450 000 And A Standard Deviation Of 5 1 (11.85 KiB) Viewed 67 times
You are told that the Sales for your firm is normally distributed with a mean of $450,000 and a standard deviation of $55,000. Which of the following statements do you NOT know is true? Half of sales are greater than $450,000 68% of sales fall between $395,000 and $505.000 The median and mode sales figure is $450,000 There cannot be sales data of more than $1 million