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Cereal a Box of Raspberry Crunch Cereal Contains a Mean

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Cereal A box of Raspberry Crunch cereal contains a mean of 13 ounces with a standard deviation of 0.5 ounce. The distribution of the contents of cereal boxes is approximately Normal. What is the probability that a case of 12 cereal boxes contains a total of more than
160 ounces?


Definitions:

Intra-entity Gross Profit

The profit recorded from transactions that occur within the same entity, often eliminated in consolidation.

Eliminate Intra-entity Transfer

The process of removing sales and purchases of goods or services made between companies within the same corporate group in consolidated financial statements.

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