Mathematics, 05.05.2020 23:31 kyracrapse121
The daily exchange rates for the five-year period 2003 to 2008 between currency A and currency B are well modeled by a normal distribution with mean 1.794 in currency A (to currency B) and standard deviation 0.043 in currency A. Given this model, and using the 68-95-99.7 rule to approximate the probabilities rather than using technology to find the values more precisely, complete parts (a) through (d). a) What is the probability that on a randomly selected day during this period, a unit of currency B was worth less than 1.794 units of currency A? The probability is nothing%. (Type an integer or a decimal.)
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The daily exchange rates for the five-year period 2003 to 2008 between currency A and currency B are...
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