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:

Net Income

The total profit of a company after all revenues, expenses, taxes, and dividends have been deducted.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits.

Operating Activities

Day-to-day actions and transactions related to running a business, such as selling products, paying wages, and purchasing inventory.

Net Income

The final financial gain of a business after removing all expenses, taxes, and costs from the gross income.