SOLUTION: A small business owner determines that her revenue during the next year should be approximately normally distributed with a mean of $525,000 and a standard deviation of $135,000. W

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Question 1072244: A small business owner determines that her revenue during the next year should be approximately normally distributed with a mean of $525,000 and a standard deviation of $135,000. What is the probability that her revenue will exceed $650,000 (to 4 decimals)?
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
Find the z score.
z=%28650-525%29%2F135
z=0.926
Using EXCEL's NORMSDIST function,
P%28z%3C=0.926%29=0.8228
You're looking for the complement so,
P%28z%3E0.926%29=1-0.8228
P%28z%3E0.926%29=0.1772