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ID: 3331684 • Letter: 5

Question

56%K Sun 11:08 PM a G. Secure https://newconnect.mheducation.com/flow/connect.htm ontinuous Ran Saved Help Save & Exit Submit Check my work A movie theatre's daily revenue follows a normal distribution, with an average daily revenue of $3,277. The standard deviation for the distribution is $865. What is the probability that the theatre generates more than $4,000 in revenue on a randomly selected day? Round your Z value(s) to two decimal places. Do not round any other intermediate calculations. Enter your answer as a decimal rounded to four places. Probability:

Explanation / Answer

P(X > 4000) = P((X - mean)/SD > (4000 - 3277)/865)

= P(Z > 0.84)

= 1 - P(Z < 0.84)

= 1 - 0.7995 = 0.2005

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