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Before a New Phone System Was Installed, the Amount a Company

Question 254

Multiple Choice

Before a new phone system was installed, the amount a company spent on personal calls followed a normal distribution with an average of $500 per month and a standard deviation of $50 per month. Refer to such expenses as PCE's (personal call expenses) . Find the probability that a randomly selected month had PCE's below $350.


A) 0.0013
B) 0.3000
C) 0.9987
D) 0.7000

Correct Answer:

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