Multiple Choice
North Dakota Mining (NDM) describes its estimate of the amount of oil it will produce next year from its western North Dakota operations with a normal distribution.The distribution is centered on 5.2 million barrels and has a standard deviation of .7 million barrels.According to this distribution, how likely is it that NDM's production will be between 5.5 and 6.5 million barrels?
A) .3577
B) .3997
C) .3022
D) .3508
E) .4049
Correct Answer:
Verified
Correct Answer:
Verified
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