Multiple Choice
The campus bookstore knows from the past several semesters that a certain elementary statistics book has a demand that is approximated by a normal distribution with a mean of 250 and a standard deviation of 40.They buy these books for $105 each and sell them to unsuspecting undergraduates at $222 each.All demand for this book is realized by the middle of the semester, at which point the bookstore bundles them up and sells them to a vendor in another country for $40 each.How many elementary statistics books should the campus bookstore stock for sale to students?
A) 210
B) 224
C) 250
D) 264
Correct Answer:

Verified
Correct Answer:
Verified
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