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Mathematics, 05.05.2021 17:30 skullglitches
A construction company has two divisions: ceilings and floors. The amount of revenue for the ceiling division, C, is approximately Normally distributed with a mean of $2.6 million per year and a standard deviation of $0.9 million per year. The amount of revenue for the flooring division, F, is approximately Normally distributed with a mean of $3.1 million per year and a standard deviation of $1.1 million per year. Assume C and F are independent random variables.
What is the probability that the ceiling division makes more revenue than the flooring division in a randomly selected year?
0.006
0.363
0.401
0.637
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A construction company has two divisions: ceilings and floors. The amount of revenue for the ceiling...
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