Examlex

Solved

In a Certain State, the Daily Amounts of Industrial Waste

question 4

Multiple Choice

In a certain state, the daily amounts of industrial waste are normally distributed, with a mean of 9,000 tons and a standard deviation of 1,000 tons. Find the probability that on a randomly selected day the amount of industrial waste is less than 7,000 tons. Use a table of the standard normal distribution to solve the problem. Round your answer to four decimal places. ​


Definitions:

Adequate Compensation

Fair and sufficient remuneration or payment to employees for their work, often considered in terms of meeting their basic needs and recognizing their contributions.

Ethical Leadership

A form of leadership in which individuals demonstrate conduct for the common good that is both ethical and effective.

Long-Term Valuation

Assessing the worth or potential future value of assets, investments, or companies over an extended period.

Profitability

The ability of a company to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.

Related Questions