Business, 10.12.2021 23:30 jamarstand
A weekly sports magazine publishes a special edition for the World Series. The sales forecast is for the number of copies to be normally distributed with a mean of 800,000 copies and a standard deviation of 60,000 copies. It costs $0.35 to print a copy, and the newsstand price is $1.95. Unsold copies will be scrapped. Your job is to calculate the number of copies that should be printed.
First, calculate P(demandQ). Round your answer to four decimals.
How many copies should be printed?
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A weekly sports magazine publishes a special edition for the World Series. The sales forecast is for...
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