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A consensus forecast is the average of a large number of individual analysts' forecasts. Suppose the...

A consensus forecast is the average of a large number of individual analysts' forecasts. Suppose the individual forecasts for a particular interest rate are normally distributed with a mean of 6 percent and a standard deviation of 1.9 percent. A single analyst is randomly selected. Find the probability that his/her forecast is

Round your answers to 4 decimal places.
(a) At least 3.2 percent

(b) At most 7 percent

(c) Between 3.2 percent and 7 percent.

math   Statistics-And-Probability   
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Answer #1

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