Exhibit 6-1 The Assembly Time for a Product Is Uniformly Distributed Between

question 63

Multiple Choice

Exhibit 6-1
The assembly time for a product is uniformly distributed between 6 to 10 minutes.
-Refer to Exhibit 6-1. The standard deviation of assembly time (in minutes) is approximately

• A)1.3333
• B)1.1547
• C)0.1111
• D)0.5773

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Definitions:

Subsidiary Ledger

A detailed ledger that contains the supporting documents for accounts in the general ledger, used to track specific details, such as customer accounts.

Received Cash

The inflow of cash to a business, recorded on the financial statements when cash is received from customers, loans, or other sources.

Accounts Payable Subsidiary Ledger

A detailed ledger that contains all individual transactions related to accounts payable.

Payments To Creditors

Money paid out by a business to settle debts owed to suppliers or lenders for goods, services, or loans.