Question: Answer is 0.398 please explain how we can get it A Las Vegas supermarket bakery must decide how many wedding cakes to prepare for the

Answer is 0.398 please explain how we can get it Answer is 0.398 please explain how we can get it
A Las Vegas supermarket bakery must decide how many wedding cakes to prepare for the upcoming weekend. Cakes cost $31.19 each to make and they sell for $39.46 each. The price of unsold cakes is reduced to $18.68 on Mondays. What is the optimal probability of having enough wedding cakes on the weekend? 0.398 margin of error +/-0.001

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