X Is a Normally Distributed Random Variable with a Mean

question 24

Multiple Choice

x is a normally distributed random variable with a mean of 24 and a standard deviation of 6. The probability that x is less than 11.5 is

• A) 0.0186.
• B) 0.9814.
• C) 0.0076.
• D) 0.9924.

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Definitions:

Batches

Groups of items or products processed or produced together as a single lot within a manufacturing or production process.

Activity Rates

Charges or costs associated with specific business activities, often used in activity-based costing to allocate overhead.

Activity-Based Costing

A method of allocating costs to products and services based on the activities they require, aiming to provide more accurate cost information.

Factory Utilities

Expenses related to utilities such as electricity, gas, and water, used in the operation of a manufacturing facility.