Use Technology to Solve the Following Problem: a Gardener Buys

question 125

Multiple Choice

Use technology to solve the following problem: A gardener buys a package of seeds. Seventy-four percent of seeds of this type germinate. The gardener plants 120 seeds. Approximate the probability That the number of seeds that germinate is between 85.8 and 98.8 exclusive.

• A) 0.9760
• B) 0.3254
• C) 0.6746
• D) 0.3014

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Definitions:

Budgeted Accounts Receivable

Predicts the amount of money owed to a business by its customers for sales made on credit during a specific period.

Collections

The process of gathering money that is owed by customers, often in relation to accounts receivable.

Required Production

The quantity of goods that a company needs to produce in order to meet customer demand.

Ending Raw Materials Inventory

The value of raw materials still on hand at the end of an accounting period, which have not yet been used in the production process.