Suppose the Total Time to Fill a Routine Prescription at a Local

question 64

Multiple Choice

Suppose the total time to fill a routine prescription at a local pharmacy averages 35 minutes starting from the time the physician places the order to the time it is dispensed.Assume the standard deviation is 11 minutes.A z score of -1.3 was calculated.What is the value of x?

• A)20.7
• B)0.0
• C)-14.3
• D)14.3
• E)-20.7

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Definitions:

Earnings Per Share

A financial metric that represents the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's profitability.

Treasury Stock

Shares that the issuing company initially distributed and then bought back, decreasing the total number of shares available for trade in the market.

Price/Earnings Ratio

A financial ratio that compares a company's share price to its earnings per share, indicating the value that investors are ready to pay for each dollar of earnings.

Market Price

The current price at which an asset or service can be bought or sold.