[Steps Shown] State three properties of a normal distribution. (3 Marks) A marketing manager of a leading firm believes that total sales for the firm next
Question:
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State three properties of a normal distribution.
(3 Marks) - A marketing manager of a leading firm believes that total sales for the firm next year can be modeled by using a normal distribution, with a mean of $2.5million and standard deviation of $300,000.
- What is the probability that the firm’s sale will exceed $3 million?
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