Suppose the mean income of firms in the industry for a year is 80 million dollars with a standard deviation of 55 million dollars. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn more than 88 million dollars? Round your answer to four decimal places.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
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Suppose the mean income of firms in the industry for a year is 80 million dollars with a standard deviation of 55 million dollars. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn more than 88 million dollars? Round your answer to four decimal places.

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