SOLUTION: A company management team knows that, in a given quarter, the mean of earnings of firms in their industry is $200,000 with an industry standard deviation of $80,000. Assume a norma
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Question 955693: A company management team knows that, in a given quarter, the mean of earnings of firms in their industry is $200,000 with an industry standard deviation of $80,000. Assume a normal distribution. What is the probability that a company makes between $225,000 and $275,000 ? Round your answer to 2 decimal places.
