The Mean Life of a Particular Brand of Light Bulb

question 23

Multiple Choice

The mean life of a particular brand of light bulb is 1200 hours and the standard deviation is 50 hours.It can be concluded that at least 89% of this brand of bulbs will last between _______.

• A)1100 and 1300 hours
• B)1150 and 1250 hours
• C)1050 and 1350 hours
• D)1000 and 1400 hours
• E)950 and 1450 hours

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Definitions:

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and other investments not considered cash equivalents.

Financing Activities

Transactions related to raising capital or repaying investors, reflecting how a company funds its operations and growth.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing ownership equity spread among shareholders.

Liabilities

Economic obligations or debts that a business owes to others, such as loans, accounts payable, and mortgages.