In One Region, the September Energy Consumption Levels for Single

question 43

Multiple Choice

In one region, the September energy consumption levels for single -family homes are found to be normally distributed with a mean of 1050 kWh and a standard deviation of 218 kWh. For a
Randomly selected home, find the probability that the September energy consumption level is
Between 1100 kWh and 1225 kWh.

• A)0.3791
• B)0.2881
• C)0.1971
• D)0.0910

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Definitions:

Push Strategy

A marketing strategy where businesses push their products to be seen by consumers, typically through distribution channels, to increase demand.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Cost Reduction

Strategic efforts by businesses to decrease expenses and improve efficiency, often to enhance profitability.

Supply Chain Management

Supply chain management encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management to efficiently produce and distribute goods and services.