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Bouncy Bungee Rubber Band Company has fixed costs of $2,760,000 per year, it sells its rubber bands for $3.75 per pack, and the variable cost

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Bouncy Bungee Rubber Band Company has fixed costs of $2,760,000 per year, it sells its rubber bands for $3.75 per pack, and the variable cost of these packs is $0.75. They estimate they will sell 1,000,000 packs this year, with a standard deviation of 40,000 units. Find the probability of the company incurring a loss. a. 3.22% b. 5.48% c. 2.87% d. 6.71%

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