Question

Suppose the demand for a product is normally distributed with a mean of 2300 and a standard deviation of 800. Suppose that the company ordered 2200 units. Under this situation, what would be the probability that the company will leave 100 units or more of demand unsatisfied? A. Below 20% B. Between 20.01% and 40% C. Between 40.01% and 60% D. Between 60.01% and 80% E. Above 80.01%

Answer 1

The answer is "Option C"

Step-by-step explanation:

Given:

`\mu=2300\\\\\sigma=800 \ units\\`

We have
`D>2300` as
`\mu = 2300` for
`x=2300` or more
`p =50\%` as they requested
`2200` units to be
`100` more unsatisfactory. Therefore, the value is in between
`40.01\% \ and \ 60\%`