Multiple Choice
The net present value of a project is normally distributed with an expected value of $52,000 and a standard deviation of $31,515.Determine the probability that the project will have a net present value of less than zero.
A) 1.65%
B) 95.1%
C) 4.95%
D) cannot be determined
Correct Answer:
Verified
Correct Answer:
Verified
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