At a Computer Manufacturing Company,the Actual Size of a Computer

question 30

Short Answer

At a computer manufacturing company,the actual size of a computer chip is normally distributed with a mean of 1 centimeter and a standard deviation of 0.1 centimeter.A random sample of 12 computer chips is taken.What is the probability that the sample mean will be between 0.99 and
1.01 centimeters?

---

Definitions:

ACP

Average Collection Period, indicating the average number of days it takes a company to collect payments from its credit sales.

Du Pont Analysis

A framework for analyzing a company's return on equity (ROE) by breaking it down into its constituent components to assess operational efficiency.

Total Assets Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively management is using shareholders’ funds to generate profit.