Question: Additional Algo 1 1 - 3 Stockout Probability An auto parts retailer carries 1 , 7 5 0 different items in stock at their store.

Additional Algo 11-3 Stockout Probability
An auto parts retailer carries 1,750 different items in stock at their store. Last week, customers wished to purchase 1,175 of these items. Unfortunately, 50 items were unavailable for the entire week and the store ran out of inventory on another 75 items before a new shipment arrived at the end of the week.
What was the store's stockout probability last week?
Note: Express your answer as a percentage and round to 1 decimal place.
Stockout probability
6
Additional Algo 11-3 Stockout Probability An auto parts retailer carries 1,750

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