Question
A small newsagent has determined that daily demand for newspapers has an approximate bell - shaped distribution, with a mean of 64 papers and a
A small newsagent has determined that daily demand for newspapers has an approximate bell - shaped distribution, with a mean of 64 papers and a standard deviation of 8 papers. If the newsagent begins each morning with a stock of 80 newspapers, for what percentage of days will there be insufficient number of newspapers to meet demand?
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
