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In the catalogue for Fall 1 9 9 1 , L . L . Bean plans to introduce a new product, called the Mountain Puffer
In the catalogue for Fall LL Bean plans to introduce a new product, called the Mountain Puffer jacket. The outerwear forecasting team anticipates that demand for this new item will be jackets. Convert this point forecast into a distributional forecast using LL Beans historical forecast errors. What is the probability that more than people want to buy the Mountain Puffer jacket? Report your answer as a decimal ie
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