Categories: Homework on time

Weekly demand at a grocery store for a brand of breakfast cereal is normally distributed with a mean

Weekly demand at a grocery store for a brand of breakfast cereal is normally distributed with a mean of 850 boxes and a standard deviation of 80 boxes.a) What is the probability that weekly demand is: i) Less than 900 boxes? ii) More than 1020 boxes? iii) Less than 660 boxes or greater than 980 boxes?b) The store orders cereal from a distributor weekly. How many boxes should the store order for a week to have only a 2 percent chance of running short of this brand of cereal during the week?

Don't use plagiarized sources. Get Your Custom Essay on
Weekly demand at a grocery store for a brand of breakfast cereal is normally distributed with a mean
Just from $13/Page
Order Essay
superadmin

Share
Published by
superadmin

Recent Posts

Consider the following information, and answer the question below. China and England are internation

Consider the following information, and answer the question below. China and England are international trade…

3 years ago

The CPA is involved in many aspects of accounting and business. Let’s discuss some other tasks, othe

The CPA is involved in many aspects of accounting and business. Let's discuss some other…

3 years ago

For your initial post, share your earliest memory of a laser. Compare and contrast your first percep

For your initial post, share your earliest memory of a laser. Compare and contrast your…

3 years ago

2. The Ajax Co. just decided to save $1,500 a month for the next five years as a safety net for rece

2. The Ajax Co. just decided to save $1,500 a month for the next five…

3 years ago

How to make an insertion sort to sort an array of c strings using the following algorithm: * beg, *

How to make an insertion sort to sort an array of c strings using the…

3 years ago

Assume the following Keynesian income-expenditure two-sector model:

Assume the following Keynesian income-expenditure two-sector model:                                                AD = Cp + Ip                                                Cp = Co…

3 years ago