Anticipated consumer demand in a restaurant for free-range steaks next month can be modeled by a normal
Question:
Anticipated consumer demand in a restaurant for free-range steaks next month can be modeled by a normal random variable with a mean of 1,500 pounds and a standard deviation of 110 pounds.
a. What is the probability that demand will exceed 1,300 pounds?
b. What is the probability that demand will be between 1,400 and 1,600 pounds?
c. The probability is 0.10 that demand will be more than how many pounds?
The probability that demand will exceed 1,300
pounds enter your response here.
(Round to four decimal places as needed.)
Part 2
b. The probability that demand will be between 1,400 and 1,600 pounds is entered your response here.
(Round to four decimal places as needed.)
c. The probability is 0.10 that demand will be more than enter your response here pounds.
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne