Which of the Following Is Not a Characteristic of the Normal

question 149

Multiple Choice

Which of the following is not a characteristic of the normal probability distribution?

• A)symmetry
• B)The total area under the curve is always equal to 1.
• C)99.72% of the time the random variable assumes a value within plus or minus 1 standard deviation of its mean
• D)The mean is equal to the median, which is also equal to the mode.

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Definitions:

Job Costing System

An accounting system that tracks costs individually for each job, suitable for companies that produce unique products or jobs.

Direct Materials

Raw materials that are directly traced and are integral to the production of finished goods.

Direct Labor

The labor costs directly attributable to the production of goods or services.

Overhead Rate

The ratio used to allocate overhead costs to produced units, calculated by dividing total overheads by an allocation base like labor hours.