A marketing manager wants to assess the likelihood of a new…
A marketing manager wants to assess the likelihood of a new advertising campaign achieving a certain level of customer reach. The reach can be represented by a normal distribution with an average of 55,000 customers and a standard deviation of 12,000 customers based on historical data. The manager wants to determine the probability that the campaign will reach at least 50,000 customers. Calculate the probability that the advertising campaign will reach at least 50,000 customers. (round your answer to three decimal places)