# Family income in Bloomington is normally distributed, with = \$30,000 and s = \$8,000. The poorest..

Family income in Bloomington is normally distributed, with = \$30,000 and _ = \$8,000. The poorest 10% of all families in Bloomington are eligible for federal aid. What should the aid cut-off be? Daily demand for chocolate bars at the Gillis Grocery has a mean of 100 and a variance of 3,000 (chocolate bars)2. At present, the store has 3,500 chocolate bars in stock. What is the probability that the store will run out of chocolate bars during the next 30 days? Also, how many should Gillis have on hand at the beginning of a 30-day period if the store wants to have only a 1% chance of running
Family income in Bloomington is normally distributed, with = \$30,000 and _ = \$8,000. The poorest 10% of all families in Bloomington are eligible for federal aid. What should the aid cut-off be? Daily demand for chocolate bars at the Gillis Grocery has a mean of 100 and a variance of 3,000 (chocolate bars)2. At present, the store has 3,500 chocolate bars in stock. What is the probability that the store will run out of chocolate bars during the next 30 days? Also, how many should Gillis have on hand at the beginning of a 30-day period if the store wants to have only a 1% chance of running out during the 30-day period? Assume that the demands on different days are independent random variables.

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