A Manager at a Local Manufacturing Company Has Been Monitoring

question 50

Multiple Choice

A manager at a local manufacturing company has been monitoring the output of one of the machines used to manufacture chromium shells.Past data indicate that if the machine is functioning properly,the length of the shells produced by this machine can be modeled as being normally distributed with a mean of 118 centimeters and a standard deviation of 6.3 centimeters.Suppose 10 shells produced by this machine are randomly selected.What is the probability that the average length of these 10 shells will be between 116 and 120 centimeters when the machine is operating "properly"?

• A)0.2709
• B)0.2943
• C)0.6826
• D)0.9656

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, granting them rights to dividends and a stake in the corporate assets and earnings.

Shares

Units of ownership interest in a corporation or financial asset, representing a portion of the shareholder's stake in the company.

Board Of Directors

A group of elected individuals who oversee the activities and governance of a corporation, ensuring it operates in the best interests of its shareholders.

Corporate Policies

Guidelines developed by an organization to govern its actions and ensure compliance with laws, regulations, and internal rules.