Probability using normal distribution explained in this solution
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1. Farmers often sell fruits and vegetables at roadside stands during the summer. One such roadside stand has a daily demand for tomatoes that is approximately normally distributed with a mean equal to 135 tomatoes per day and a standard deviation equal to 30 tomatoes per day. How many tomatoes must be available on any given day so that there is only a 1.5% chance that all tomatoes will be sold?
2. Find z alpha (a) /2 for alpha (a) =0.01
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The solution calculates probability and z value using Normal Distribution.
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1. Farmers often sell fruits and vegetables at roadside stands during the summer. One such roadside stand has a daily demand for tomatoes that is approximately normally distributed with a mean equal to 135 tomatoes per day and a standard deviation equal to 30 ...
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