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

Question 47

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 that is below $0?


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

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