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7-E10. Revenue for January is normally distributed with mean $345.5K and standard deviation $75.9K. Based on...

7-E10. Revenue for January is normally distributed with mean $345.5K and standard deviation $75.9K. Based on historical seasonal patterns the revenues for the other months are higher than January by the amounts in the table below. So for instance, February revenue is normally distribution but with a mean and standard deviation 6% higher than in January.

What is the chance that

  1. January revenue exceeds $500K
  2. February revenue exceed $500K
  3. Half years revenue exceed $3M
  4. Yearly revenue exceed $6M
  5. What is the coefficient of variation of monthly, half yearly and yearly revenues?
math   Statistics-And-Probability   
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