Coaching Actuaries’ Annual Profit Has A Normal Distribution With Mean 500 And A Constant Standard…
Coaching Actuaries' Annual Profit Has A Normal Distribution With Mean 500 And A Constant Standard Deviation. Coaching Actuaries' Profit Is Independent From Year To Year. The Probability That Coaching Actuaries Has A Positive Profit Both This Year And The Next Is 0.9025. Determine The 40th Percentile Of Coaching Actuaries' Annual Profit. A) 279 B) 330 C) Coaching Actuaries' annual profit has a normal distribution with mean 500 and a constant standard deviation. Coaching Actuaries' profit is independent from year to year. The probability that Coaching Actuaries has a positive profit both this year and the next is 0.9025. Determine the 40th percentile of Coaching Actuaries' annual profit. A) 279 B) 330 C) 424 D) 470 E) 494 Apr 06 2022 12:55 PM
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