SCENARIO 19-1 A Local Newspaper Has 10 Delivery Boys Who Each Deliver

question 123

Multiple Choice

SCENARIO 19-1
A local newspaper has 10 delivery boys who each deliver the morning paper to 50 customers every day.The owner decides to record the number of papers delivered on time for a 10-day period for one of the delivery boys and construct a p chart to see whether the percentage is too erratic.

-Referring to Scenario 19-1,what is the numerical value of the center line for the p chart?

• A)0.926
• B)0.911
• C)0.885
• D)0.500

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Definitions:

Excise Tax

A tax levied on the sale of specific goods and services, such as tobacco, alcohol, and fuel.

Levied

Imposed or collected (usually a tax, fine, or other charge) by authority or force.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating the sensitivity of demand to price changes.

Luxury Tax

A tax imposed on expensive goods and services considered to be non-essential or luxurious.