What is probability that the investment will end with a loss

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Question: 1. In the binomial example with Melissa Bailey, what is the probability that she will be gone six or more weekends?

2. Suppose you are interested in an investment with an uncertain return. You think that the return could be modeled as a normal random variable with mean $2,000 and standard deviation $1,500. What is the probability that the investment will end with a loss? What is the probability that the return will be greater than $4,000?

Reference no: EM131524088

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