Mathematics, 09.04.2021 01:00 rmartinez044
The Arc Electronic Company had an income of 96 million dollars last year. Suppose the mean income of firms in the same industry as Arc for a year is 85 million dollars with a standard deviation of 9 million dollars. If incomes for this industry are distributed normally, what is the probability that a randomly selected firm will earn less than Arc did last year? Round your answer to four decimal places.
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