The Weights of 6-Week-Old Poults (Juvenile Turkeys) Are Normally Distributed

question 51

Multiple Choice

The weights of 6-week-old poults (juvenile turkeys) are normally distributed with a mean 9.0 pounds and standard deviation 2.4 pounds. A turkey farmer wants to provide a money-back Guarantee that her 6-week poults will weigh at least a certain amount. What weight should she Guarantee so that she will have to give her customer's money back only 1% of the time?

• A) 3.41 lb
• B) 3.07 lb
• C) 2.73 lb
• D) 4.09 lb

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Definitions:

Remaining Profits

The profits left after all operating expenses, taxes, and dividends have been deducted.

Original Capital

The initial amount of money invested in a business or venture.

Deficiency

The shortfall or gap between what is available and what is required or expected.

Capital Accounts

Accounts representing the ownership interest of shareholders or partners in a company, including their initial investment and subsequent earnings.