A nationwide survey showed that the average selling price for bookbags is $35 with a standard deviation of $5. Walmart wants to price the bookbag mentioned above in the lower 15% of prices nationwide....

A nationwide survey showed that the average selling price for bookbags is $35 with a standard deviation of $5.<br>Walmart wants to price the bookbag mentioned above in the lower 15% of prices nationwide. What is the highest<br>price they can charge to be able to meet this objective?<br>

Extracted text: A nationwide survey showed that the average selling price for bookbags is $35 with a standard deviation of $5. Walmart wants to price the bookbag mentioned above in the lower 15% of prices nationwide. What is the highest price they can charge to be able to meet this objective?

Jun 10, 2022

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A nationwide survey showed that the average selling price for bookbags is $35 with a standard deviation of $5. Walmart wants to price the bookbag mentioned above in the lower 15% of prices nationwide....

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