The Average Price of Cell Phones Manufactured by Ahmadi, Inc

question 99

Essay

The average price of cell phones manufactured by Ahmadi, Inc. is $98 with a standard deviation of $12. Furthermore, it is known that the prices of the cell phones manufactured by Ahmadi are normally distributed.
a.What percentage of cell phones produced by Ahmadi, Inc. will have prices of at least $120.20?
b.Cell phones with prices of at least $81.80 will get a free gift. What percentage of the cell phones will be eligible for the free gift?
c.What are the minimum and the maximum values of the middle 95% of cell phone prices?
d.If 7,218 of the Ahmadi cell phones were priced at least $119.00, how many cell phones were produced by Ahmadi, Inc.?

Recognize how language and cultural differences impact memory capacity and processing efficiency.

Identify and categorize memory strategies used by children to enhance recall.

Understand the relationship between knowledge base and memory recall performance.

Differentiate between the perspectives of information-processing theorists and Piaget regarding children's behavior during middle childhood.

---

Definitions:

Direct Labor

The cost of wages for employees who are directly involved in the production of goods or the provision of services.

Finished Goods Inventory

The stock of completed products ready for sale at the end of an accounting period.

Raw Materials

Raw materials are the basic materials from which products are manufactured or made, often used in the initial stages of the production process.

Factory Overhead

Every manufacturing-related expense, apart from direct labor and materials.