A Machine Is Supposed to Fill Juice Bottles with 16

question 17

Multiple Choice

A machine is supposed to fill juice bottles with 16 fluid ounces of juice. The manufacturer picks a sample of bottles that have been filled by the machine and determines the volume of juice in each bottle. The results are shown in the stem-and-leaf diagram below. The leaf unit is 0.1.
$$\begin{array} { l | l } 15 & 1 \\15 & \\15 & 445 \\15 & 667777 \\15 & 888899999 \\16 & 000000011111 \\16 & 222233333 \\16 & 445 \\16 & 66 \\16 & 8\end{array}$$ How many bottles had exactly 16 fluid ounces (to the nearest 0.1 ounce) ?

• A) 0
• B) 6
• C) 11
• D) 25

---

Definitions:

Yield Curve

The yield curve is a graph showing the relationship between interest rates (or yields) of bonds having different maturities but the same credit quality, typically illustrating the term structure of interest rates.

Debt Market

A market where debt instruments, including bonds, notes, and bills, are issued and traded, providing entities a way to raise capital through borrowing.

Treasury Note

A medium-term government debt security with fixed interest rates and maturities typically ranging from 1 to 10 years.

Default Risk

The possibility that a borrower fails to meet the legal obligations or conditions of a debt.