Excess revenue (total revenue minus operating expenditures) in the nonprofit sector are normally distributed with a...

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Excess revenue (total revenue minus operating expenditures) inthe nonprofit sector are normally distributed with a mean of $1.5million and a standard deviation of $1 million.
(a) What is the probability that a randomly selected nonprofithas negative excess revenues?
(b) What is the probability that a randomly selected nonprofithas excess revenue between $1 million and $2 million?
(c) If 10% of nonprofits are expected to exceed a certain excessrevenue level, what is that revenue level?

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Given that excess revenue total revenue minus operatingexpenditures in the nonprofit sector are normally distributed witha mean of 15 million and a standard deviation of 1 millionBefore we go on to solve the problems let us know a bitabout Normal DistributionNormalDistributionA continuous See Answer

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