The Weight of Corn Chips Dispensed into a 12-Ounce Bag

question 25

Multiple Choice

The weight of corn chips dispensed into a 12-ounce bag by the dispensing machine has been identified as possessing a normal distribution with a mean of 12.5 ounces and a standard deviation
Of 0.2 ounce. What proportion of the 12-ounce bags contain more than the advertised 12 ounces of
Chips?

• A).0062
• B).5062
• C).4938
• D).9938

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Definitions:

Noncontrolling Interest

Represents the equity interest in a portion of a subsidiary's net assets that is not attributable directly or indirectly to the parent company.

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having a vote in corporate decisions but in the last in line during liquidation.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often receiving dividends before common shareholders and having a fixed dividend rate.

Intra-Entity Transaction

Transactions that occur between two segments within the same company.