A Company Manufactures Batteries in Batches of 22 and There

question 145

Multiple Choice

A company manufactures batteries in batches of 22 and there is a 3% rate of defects. Find the variance for the number of defects per batch.

• A) 0.8
• B) 0.6
• C) 64
• D) 0.4

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Definitions:

Opportunity Cost

Abandoning the possibility of gains from alternative options by selecting one choice.

Vending Machine

An automated machine that provides items such as snacks, beverages, and other products to consumers after money, a credit card, or a specially designed card is inserted into the machine.

Bag of Chips

A packaged snack made from thinly sliced potatoes or other vegetables, fried or baked, commonly seasoned and served in a sealed bag.

Candy Bar

A confectionery item that typically combines chocolate with other ingredients like nuts, caramel, or nougat.