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:

Seasonal Discounts

Price reductions offered on products or services during specific seasons or times of the year to boost sales or clear inventory.

Encourage Buyers

The practice of motivating potential customers to purchase a product or service through various strategies, including marketing, promotions, and incentives.

Stock Inventory

A detailed list of goods or materials a company has in stock, a critical component for managing supply chain and meeting customer demand.

Trade Terms

Agreed conditions between a buyer and a seller regarding the delivery, payment, and ownership of goods.