Solve the Problem $\mu = 760,000$ Steps and Standard Deviation Of $\sigma = 17,000$

question 44

Multiple Choice

Solve the problem.
-The lifespan for a pair of walking shoes is normally distributed with a mean of $\mu = 760,000$ steps and standard deviation of $\sigma = 17,000$ steps. If a manufacture produces 5000 pairs of these shoes, how many can be expected to last for at least 773,600 steps?

• A) \(\approx 1094\) pairs
• B) \( \approx 1059\) pairs
• C) \( \approx 1004\) pairs
• D) \(\approx 1159\) pairs

Recognize employee behaviors and reactions during mergers and strategies to manage them.

Understand the benefits and challenges of cultural integration in mergers and acquisitions.

Assess the role of government regulations and public opinion in mergers and acquisitions.

Identify the factors contributing to the success or failure of mergers and acquisitions.

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Definitions:

Adjusting Entry

A transaction recorded in accounting to revise account balances at the end of an accounting cycle.

Financial Statements

Consolidated documents that track and report an entity's financial performance and health, including balance sheet, income statement, and cash flow statement.

Balance Sheet

A financial statement that presents the financial position of a company at a specific point in time.

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, resulting in a net profit or loss.