Soccer Shop

Piverlool FC sells player jerseys at random prices. The price of a Sohamed Malah jersey is normally distributed with mean </code>\mu_1$ and standard deviation </code>\sigma_1$ . The price of a Madio Sane jersey is normally distributed with mean </code>\mu_2$ and standard deviation </code>\sigma_2$ , independent of Malah jerseys. Ben wants to be (100−α)%(100-\alpha)% sure that he can purchase both jerseys. How much money should Ben bring with him if μ1=60,μ2=75,σ1=12,σ2=16\mu_1 = 60, \mu_2 = 75, \sigma_1 = 12, \sigma_2 = 16 and α=5\alpha = 5 ? Use the values Φ−1(0.95)=1.65\Phi^{-1}(0.95) = 1.65 and/or Φ−1(0.975)=1.96\Phi^{-1}(0.975) = 1.96 . If necessary, round to the nearest dollar.

Answer format: enter an integer.