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What is the probability that the actual cost will exceed

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Reference no: EM132850753

The monthly amount of money spent on maintenance by a faculty at a Politeknik branch campus is approximately normally distributed with a mean RM2DIJU and standard deviation of RMt?U.

i) If RM215t] is budgeted for next month, what is the probability that the actual cost will exceed the budgeted amount?

ii] How much should be budgeted for monthly maintenance ilthe probability that the monthly amount spent exceeds the budgeted amount is {1.1 1?

Reference no: EM132850753

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