Question: TABLE 13.4 is Z table. Question 29 1 points Save Answer Problems 28 to 31 refer to the following: Dan McClure owns a thriving independent

TABLE 13.4 is Z table. Question 29 1 points Save TABLE 13.4 is Z table.

Question 29 1 points Save Answer Problems 28 to 31 refer to the following: Dan McClure owns a thriving independent bookstore in artsy New Hope, Pennsylvania. He must decide how many copies to order of a new book, Power and Self Destruction, an expos on a famous politician's lurid affairs. Interest in the book will be intense at first and then fizzle quickly as attention turns to other celebrities. The book's retail price is $19, and the wholesale price is $13. The publisher will buy-back the retailer's leftover copies at a full refund, but McClure Books incurs $5 in shipping and handling costs for each book returned to the publisher. Dan believes his demand forecast can be represented by a Normal distribution with mean 150 and standard deviation 80. Use Table 13.4 to determine the probability that demand for this book will be within 20% of the mean forecast A. 0.0273 B. 0.2733 C. 0.3547 D. 0.4743

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