The piron software company currently develops marketing

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The PIRON Software Company currently develops marketing software for primarily service-based organizations. From a sample of 100, the organization identified that the potential revenue from the Phoenix area market is $50,000 per order. The organization's average (mean) for orders is $56,000 with a standard deviation of $5,000. Assuming that the data is normally distributed, what is the probability of a Phoenix market for orders? Based on the scenario above, assuming that the data is normally distributed, what is the probability of a Phoenix market for orders? Show your work.

Reference no: EM13641973

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