What is the probability that demand will exceed


Problem: Anticipated consumer demands in a restaurant for free range steaks next month can be modeled by a normal random variable with mean 900 pounds and standard deviation 110 pounds.

a. What is the probability that demand will exceed 700 ?pounds?

b. What is the probability that demand will be between 800 and 1,000 pounds?

c. The probability is 0.10 that demand will be more than how many? pounds?

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Econometrics: What is the probability that demand will exceed
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