The Distribution of Gas Consumption for SUVs Driving on Flat

question 22

Multiple Choice

The distribution of gas consumption for SUVs driving on flat highways is approximately Normal with a center of 24.8 mpg and a standard deviation of 5 mpg. Which one of the following statements would explain a larger spread of the normal distribution?

• A)The standard deviation was 7.5 mpg.
• B)The standard deviation was 2.5 mpg.
• C)The center of the distribution is greater than 24.8 mpg.
• D)The center of the distribution is less than 24.8 mpg.

---

Definitions:

Investing Activities

Transactions involving the acquisition or disposal of non-current assets, such as property, plant, and equipment, included in a company’s cash flow statement.

Statement of Cash Flows

A financial document that provides detailed information about a company's cash inflows and outflows over a specific period.

Direct Method

A approach used in cash flow statement preparation that lists all major operating cash receipts and payments for the period, directly showing sources and uses of cash.

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and investments, as part of a company's cash flow statement.