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A 4th of July Celebration T-Shirt for This Year Will

Question 71

Essay

A 4th of July celebration T-shirt for this year will cost festival organizers $12 each and will sell for $25 before and on July 4th.Any unsold T-shirts can usually be disposed of at a discount after the festival for $5 each.If demand is normally distributed with a mean of 1,800 T-shirts and a standard deviation of 75, how many T-shirts should be ordered?

Correct Answer:

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cu = 25 - 12 = 13
c...

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