The manager of a healthy food store has determined that the weekly demand for a popular type of granola is a normally distribute

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1 month ago

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The manager of a healthy food store has determined that the weekly demand for a popular type of granola is a normally distribute

d random variable with mean 85 pounds and standard deviation 5 pounds. If the demand for a given week falls within the lowest 2.5% of all possible values for the weekly demand, the price of the granola will be reduced for the following week. Calculate the value in pounds (lbs) for the weekly demand below which the manager will have to reduce the price.

Mathematics

1 answer:

babunello [11.8K] · Answer 1 · 2026-04-07T22:53:48+03:00

babunello [11.8K]1 month ago

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The weight is 75.2 pounds. The analysis utilizes the z-score formula addressing normally distributed samples to discern that the weekly granola demand, when below the lowest 2.5%, leads to a price reduction.