The weekly amount of money spent on repairs and maintenance by a company was observed over a long period of time to be approximately normally distributed with a mean of $400 and standard deviation of $20. If $450 is budged for next week for repairs, what is the probability that th eactual costs will exceel the budgeted amount?
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Home » Business » The weekly amount of money spent on repairs and maintenance by a company was observed over a long period of time to be approximately normally distributed with a mean of $400 and standard deviation of $20.