Suppose the mean income of firms in the industry for a year is 80 million dollars with a standard deviation of 19 million dollars. If incomes for the industry are distributed normally, what is the probability that a randomly selected firm will earn less than 108 million dollars? Round your answer to four decimal places.
you can determine the probability that a randomly selected firm will earn less than 108 million dollars based on the given mean income and standard deviation in a normally distributed industry.
