A fur dealer buys fur coats for $100 each and sells them for $200 each. He believes that the demand for coats is normally distributed with a mean of $100 and a standard deviation of 10. Any coat not
Which of the following statements accurately describes the fur dealer's belief about the demand for coats?
A) The demand for coats is normally distributed with a mean of $100 and a standard deviation of 10.
B) The demand for coats is normally distributed with a mean of $200 and a standard deviation of 10.
C) The demand for coats is normally distributed with a mean of $100 and a standard deviation of 20.
D) The demand for coats is normally distributed with a mean of $200 and a standard deviation of 20.
