Elly's Hot Dog Emporium Is Famous for Its Chilidogs

question 49

Multiple Choice

Elly's hot dog emporium is famous for its chilidogs. Some customers order the hot dogs with hot
Peppers, while many do not care for that added bit of zest. Elly's latest sales indicate that 30% of the
Customers ordering her chilidogs order it with hot peppers. Suppose 18 customers are selected at
Random.
What is the probability that between two and five people inclusive want hot peppers?

• A) 0.0000
• B) 0.708
• C) 0.015
• D) 0.521
• E) 0.80

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Definitions:

Direct Labor Efficiency Variance

A financial metric that analyzes the difference between the actual hours worked and the standard hours expected for the production achieved.

Labor Per Unit

The amount of labor cost incurred to produce one unit of production, a measure of efficiency and cost control.

Direct Materials Quantity Variance

Direct materials quantity variance is a measure of the difference between the estimated amount of materials supposed to be used in production and the actual amount used, reflecting efficiency in material usage.

Material Costing

The process of determining the costs associated with the raw materials used in the production of goods or services.