What level of monthly sales (in terms of guitars sold) is so low that you expect sales at or below this level to happen only once every two years (no more and no less)?
What level of monthly sales (in terms of guitars sold) is so low that you expect sales at or below this level to happen only once every two years (no more and no less)?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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each month a large music store sells an average of 360 guitars with a standard deviation of 80. What level of monthly sales (in terms of guitars sold) is so low that you expect sales at or below this level to happen only once every two years (no more and no less)? assume the guitar sales are stable over the long term and distributed normally.
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