Suppose That Weights of Cans of Benneke Brand Peaches Have

question 26

Multiple Choice

Suppose that weights of cans of Benneke brand peaches have a population mean of 13.5 ounces and a population standard deviation of 0.33 ounces and are approximately normally distributed. Which of the following statements are correct? Choose the best statement.

• A)Approximately 95% of all Benneke brand canned peaches will weigh between 12.84 ounces and 14.16 ounces.
• B)The probability that a randomly selected can of Benneke peaches will weigh between 12.9 ounces and 13.6 ounces is approximately 0.585.
• C)About 4% of all cans of Benneke peaches will weigh less than 12.9 ounces
• D)All of the above statements are true.

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Definitions:

Costs Added

Additional expenses incurred during the production or operational process, contributing to the total cost of a product or service.

Process Inventory

Goods in various stages of production within a company, excluding raw materials and finished products.

Process Costing

An accounting methodology used for homogeneous product costing, where costs are accumulated over a period and then allocated to a large number of identical units.

Equivalent Units

A concept in cost accounting used to allocate costs evenly in processes where incomplete units complicate direct measurement.