Exhibit 6-2 the Weight of Football Players Is Normally Distributed with a with a Mean

question 174

Multiple Choice

Exhibit 6-2
The weight of football players is normally distributed with a mean of 200 pounds and a standard deviation of 25 pounds.
-Refer to Exhibit 6-2. The probability of a player weighing more than 241.25 pounds is

• A)0.4505
• B)0.0495
• C)0.9505
• D)0.9010

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Definitions:

Expense

Expense is the cost of operations that a company incurs to generate revenue, encompassing everything from rent and salaries to utilities and materials.

Periodic Inventory Method

An accounting method which involves physically counting the inventory at specific intervals to determine the cost of goods sold and the ending inventory balance.

Income Summary

An account used in the closing process that aggregates all income and expenses to determine the net income or loss for the period.