A survey company was hired to forecast the market demand for a certain product in your company. They determined that demand of the product follows a normal distribution with a mean as 35 and a variance as 16. Suppose you are a production manager to determine a production level to satisfy the demand. (Hint: you need to find out the standard deviation first) Please find a production level that can satisfy the demand with a 90% of chance. 40.13 41.58 44.31

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
Question
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A survey company was hired to forecast the market demand for a certain product in
your company. They determined that demand of the product follows a normal
distribution with a mean as 35 and a variance as 16. Suppose you are a production
manager to determine a production level to satisfy the demand. (Hint: you need to
find out the standard deviation first)
Please find a production level that can satisfy the demand with a 90% of chance.
40.13
41.58
44.31
Transcribed Image Text:A survey company was hired to forecast the market demand for a certain product in your company. They determined that demand of the product follows a normal distribution with a mean as 35 and a variance as 16. Suppose you are a production manager to determine a production level to satisfy the demand. (Hint: you need to find out the standard deviation first) Please find a production level that can satisfy the demand with a 90% of chance. 40.13 41.58 44.31
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