Sales for Fast Kat, a 16-foot catamaran sailboat, have averaged 250 boats per month over the last
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Sales for Fast Kat, a 16-foot catamaran sailboat, have averaged 250 boats per month over the last five years, with a standard deviation of 25 boats. Assuming that the demand is about the same as past years and follows a normal curve, what is the probability sales will be less than 280 boats?
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X 280 250 25 120 standard deviations From Table 29 ...View the full answer
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Related Book For
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
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