The Amount of Bleach a Machine Pours into Bottles Has

question 117

Short Answer

The amount of bleach a machine pours into bottles has a mean of 36 oz.with a standard deviation of 0.15 oz.Suppose we take a random sample of 36 bottles filled by this machine.The probability that the mean of the sample is between 35.95 and 35.98 oz.is .

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Definitions:

Diluted Earnings

Net income available to common shareholders, adjusted for the potential impact of convertible securities, options, and warrants, showing earnings per share if all convertibles were exercised.

Investing Section

Part of the cash flow statement that reports the acquisition and disposal of long-term investments and property, plant, and equipment.

Operating Section

The part of the income statement that displays the revenues and expenses directly related to the core business operations.

Variable Interest Entities (VIEs)

Entities in which the investor holds a controlling interest that is not based on a majority of voting rights, requiring a special consolidation treatment under financial accounting standards.