The Amount of Time Necessary for Assembly Line Workers to Complete

question 62

Short Answer

The amount of time necessary for assembly line workers to complete a product is a normal variable with a mean of 15 minutes and a standard deviation of 2 minutes.So,70% of the products would be assembled within minutes.

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Definitions:

Oil

A fossil fuel that is used primarily for energy production and as a raw material in the manufacturing of plastics and other chemicals.

Domestic Quantity

The total amount of a good or service produced within a country's borders and available for consumption or sale in the domestic market.

Supplied

Refers to the amount of a good or service that producers are willing and able to sell at a given price.

U.S. Tariff

Taxes imposed by the United States government on imported goods to protect domestic industries or to generate revenue.