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University of Florida football programs are printed 1 week prior to each home game. Attendance averages 9 0 , 0 0 0 screaming and loyal
University of Florida football programs are printed week prior to each home game. Attendance averages screaming and loyal Gators fans, of whom twothirds usually buy the program, following a normal distribution, for $ each. Unsold programs are sent to a recycling center that pays only cents per program. The standard deviation is programs, and the cost to print each program is $ Refer to the standard normal table for values.
a What is the cost of underestimating demand for each program?
$ round your response to two decimal places
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