Explore BrainMass

Weekly Demand of a Fiat Car

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 July 20, 2018, 10:21 pm ad1c9bdddf


Solution Summary

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