Normal distribution with mean

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To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. Unfortunately, Teddy Bower has no expertise in manufacturing those kinds of boots. Therefore, Teddy Bower contacted several Taiwanese suppliers. Teddy Bower's demand follows normal distribution with mean of 400 and standard deviation of 300.

Given Teddy Bower currently orders 380, how likely will the product be out of stock?

Reference no: EM132817641

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