=+35. Skate board sale. A sports shop plans to offer 2 specially priced skate board models at
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=+35. Skate board sale. A sports shop plans to offer 2 specially priced skate board models at a sidewalk sale. The basic model will return a profit of $120 and the sports model
$150. Past experience indicates that sales of the basic model will have a mean of 5.4 skate boards with a standard deviation of 1.2, and sales of the sports model will have a mean of 3.2 skate boards with a standard deviation of 0.8.
The cost of setting up for the sidewalk sale is $200.
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Related Book For
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
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