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Mathematics, 20.02.2020 03:28 jimmyjimjim
The manager of a healthy food store has determined that the weekly demand for a popular type of granola is a normally distributed 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.
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