Assignment:
The profit (or loss) from an investment is normally distributed with a mean of $11,200 and a standard deviation of $8,250.
a. What is the probability that there will be a loss rather than a profit?
b. What is the probability that the profit will be between $10,000 and $20,000?
c. Find x such that the probability that the profit will exceed x is 25%.
d. If the loss exceeds $10,000 the company will have to borrow additional cash. What is the probability that the company will have to borrow additional cash?
e. Calculate the value at risk.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.