The middle school is having a Valentine's Day bake sale on a single day and sells cookies for $1.25 each. The cost of ba
Posted: Wed May 04, 2022 8:11 am
The middle school is having a Valentine's Day bake sale on a
single day and sells cookies for $1.25 each. The cost of baking the
cookies is $0.25 cents. Any cookies that aren't sold are donated
hence have no value. If on average they sell 300 cookies with a
standard deviation of 10. How many cookies should they bake if they
only wanted a 5% probability of running out? please explain how you
got the answer!
single day and sells cookies for $1.25 each. The cost of baking the
cookies is $0.25 cents. Any cookies that aren't sold are donated
hence have no value. If on average they sell 300 cookies with a
standard deviation of 10. How many cookies should they bake if they
only wanted a 5% probability of running out? please explain how you
got the answer!