Annual net cash flow, An investment project is expected to

Annual net cash flow

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An investment project is expected to earn $100,000 on average with a standard deviation of $50,000. Assume earnings from this investment project is a normal distribution. Of the next 15 people that invest in this project, what is the probability that 5 or less people will result an annual net cash flow of at least $100,000.

Reference no: EM1399279

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