If X Is a Binomial Random Variable Where N =

question 115

Multiple Choice

If x is a binomial random variable where n = 100 and p = .1, find the probability that x is less than or equal to 10, using the normal approximation to the binomial.

• A) .9544
• B) .0446
• C) .5662
• D) .4325

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Definitions:

Work in Process Inventory

Goods that are partially completed in manufacturing but not yet ready for sale, reflecting a stage between raw materials and finished goods.

Supplies Inventory

Items held in stock by a business, such as office supplies or maintenance materials, not directly used in manufacturing but necessary for operations.

Factory Overhead

All indirect costs associated with manufacturing, excluding direct materials and direct labor.

Direct Labor Hours

The total hours of labor spent by workers who are directly involved in the manufacturing process of a product.