If the Standard Deviation of Demand Is 100 Units and the Average

question 19

Multiple Choice

If the standard deviation of demand is 100 units and the average demand is 1000 units, then we can be 95% confident that actual sales will be 1000 units plus or minus about:

• A) 100 units
• B) 150 units
• C) 200 units
• D) 300 units
• E) 400 units

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Definitions:

Crop Waste

Residue from agricultural operations left in the field or created as a by-product, which can be utilized for various purposes including energy production.

Hardwood Trees

Trees that have broad leaves, typically grow slower, and have denser wood compared to softwood trees, often used in furniture and flooring.

Earthworms

Earthworms are soil-dwelling invertebrates that play a crucial role in enhancing soil fertility and promoting decomposition and nutrient cycling.

Usable Energy

Energy in forms that can be directly used by humans or converted to other forms of energy for work, including mechanical, electrical, and chemical energies.