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A 1-Pound Bag of Peanuts Contains 430 Peanuts A) 1059 G
B) 1

question 131

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A 1-pound bag of peanuts contains 430 peanuts. The distribution of weights in grams of the peanuts is givenbelow . What is the mean weight of a peanut?  Weights  (grams)  \multicolumn1c Frequency 0.7550.81430.8150.87420.8750.93420.9350.99420.9951.0541681.0551.1142411.1151.17412\begin{array} { | l | l | } \hline \begin{array} { l } \text { Weights } \\\text { (grams) }\end{array} & \multicolumn{1}{|c|} { \text { Frequency } } \\\hline 0.755 - 0.814 & 3 \\\hline 0.815 - 0.874 & 2 \\\hline 0.875 - 0.934 & 2 \\\hline 0.935 - 0.994 & 2 \\\hline 0.995 - 1.054 & 168 \\\hline 1.055 - 1.114 & 241 \\\hline 1.115 - 1.174 & 12 \\\hline\end{array}


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Holder in Due Course

A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be raised by prior parties.

Transfer Warranties

Guarantees provided by a seller to a buyer regarding the condition and legality of the item or property being transferred.

Endorsement

The act of signing one's name on the back of a financial instrument, such as a check, thereby transferring rights or title to another party.

Payee

The party that receives the benefit of an order (check, etc.).

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