What is the probability that they will receive a


A company's construction time follows a normal distribution. The mean time to construct a building is 100 days and the standard deviation is 20 days. The construction team will receive a bonus if the job is completed is less than 75 days.

What is the probability that they will receive a bonus?

Solution Preview :

Prepared by a verified Expert
Business Economics: What is the probability that they will receive a
Reference No:- TGS02909409

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)