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Onex Expects to Have an EBIT of $240,000 with a Standard

Question 66

Multiple Choice

Onex expects to have an EBIT of $240,000 with a standard deviation of $90,000. The distribution of operating income is approximately normal. What is the probability that Onex will have an EBIT below $0? (Problem requires a normal distribution table.)


A) 0.47%
B) 2.67%
C) 0.38%
D) 2.25%

Correct Answer:

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