Cool-aire corporation manufactures a line of room air


Cool-Aire Corporation manufactures a line of room air conditioners. Its break- even sales level is 33,000 units. Sales are approximately normally distributed. Expected sales next year are 40,000 units with a standard deviation of 4,000 units. a. Determine the probability that Cool-Aire will incur an operating loss.

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Macroeconomics: Cool-aire corporation manufactures a line of room air
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