Based on Data Collected from Its Production Processes, Crosstiles Inc

question 9

Multiple Choice

Based on data collected from its production processes, Crosstiles Inc.determines that the breaking strength of its most popular porcelain tile is normally distributed with a mean of
400 pounds per square inch and a standard deviation of 12.5 pounds per square inch.Based
On the 68-95-99.7 Rule, about what percent of its popular porcelain tile will have breaking
Strengths greater than 412.5 pounds per square inch?

• A)95%
• B)68%
• C)16%
• D)32%

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Definitions:

Return on Investment

A measure of the financial gain or loss on an investment relative to the amount of money invested, expressed as a percentage.

Residual Income

The income that an individual or business has after all personal debts and expenses, including the cost of capital, have been paid.

Investment Center

A division within a corporation that directly contributes to the company's profit through its investments and capital management.

Return on Investment

A financial ratio that calculates the gain or loss generated on an investment relative to the amount of money invested, expressed as a percentage.