Mathematics, 18.03.2020 22:09 bossybaby12
The daily demand for gasoline at a local gas station is normally distributed with a mean of 1200 gallons, and a standard deviation of 350 gallons.
If R is a random number between 0 and 1, then which of the following correctly models daily demand for gasoline?
a) 1200 + 350 R
b) 1200 + 350*NORMSDIST(R)
c) NORM. INV(R, 1200, 350)
d) Both b) and c) are correct.
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