Assume That the Weight Loss for the First Month of a Diet

question 152

Multiple Choice

Assume that the weight loss for the first month of a diet program varies between 6 pounds and 12 pounds, and is spread evenly over the range of possibilities, so that there is a uniform distribution. Find the probability of the given range of pounds lost
-What is the probability that the random variable has a value between 4.5 and 7.7?

• A)0.2750
• B)0.4000
• C)0.5250
• D)0.6500

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Definitions:

Finished Goods Inventory

The final products that are completed and ready for sale but have not yet been sold to customers.

Overapplied Manufacturing Overhead

A situation where the allocated manufacturing overhead costs for a period exceed the actual overhead costs incurred.

Underapplied Manufacturing Overhead

A situation where the estimated manufacturing overhead cost is less than the actual overhead incurred during a period.

Finished Goods

Inventory that has been fully processed and is ready to be offered to purchasers.