The Flying Time of a Drone Airplane Has a Normal

question 41

Multiple Choice

The flying time of a drone airplane has a normal distribution with mean 4.76 hours and standard deviation of .04 hours. What is the probability that the drone will fly more than 4.80 hours?

• A) .1587
• B) .8413
• C) .6587
• D) .3413

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Definitions:

Wage Rate

It refers to the amount of compensation an employee receives in exchange for their labor per unit of time, often expressed per hour, day, or piece worked.

Total Cost

The sum of all expenses incurred by a business in the production of goods or services, including both fixed and variable costs.

Purely Competitive Conditions

A market structure characterized by many buyers and sellers, free entry and exit, and a homogeneous product.

Wage Rate

The amount of compensation given to employees for their services per unit of time, which can be hourly, daily, or annually based.