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The owner of Western Clothing Company has determined that company should sell 670 pairs of denim jeans each month to break even (i.e., to reach the point where total revenue equals total cost). The company's marketing department has estimated that the monthly demand is normally distributed, with the mean of 805 pairs of jeans and standard deviation of 207 pairs. Find out the probability that the company will make the profit each month?

Statistics and Probability, Statistics

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