Explore BrainMass

Weekly Demand of a Fiat Car

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

The weekly demand for Fiat car sales follows a normal distribution with mean 50,000 cars and standard deviation 14,000 cars.
a) There is a 1% chance that Fiat will sell more than what number of cars next year?

b)What is the probability that Fiat will sell between 2.4 and 2.7 million cars during the next year?

Please address a and b and use the attached Excel sheet.

© BrainMass Inc. brainmass.com October 25, 2018, 1:25 am ad1c9bdddf


Solution Summary

This solution contains step-by-step calculations to determine the probability of selling a fiat car in a certain time frame.

See Also This Related BrainMass Solution

Define Marketing; discuss the importance to success; provide three examples

1. Can you define Marketing yourself

2. Next can you give define Marketing from two different sources and be sure to cite them.

3. Based on the definitions, can you explain the importance of marketing in organizational success and provide at least three examples from the business world to support the explanations.

View Full Posting Details