An Industrial Fan Is Designed to Move 2500 Ft3of Air

question 11

Multiple Choice

An industrial fan is designed to move 2500 ft3of air per minute, on average.Under normal operating conditions, the standard deviation of air volume moved by this fan is 300 ft3/min.If the fan is operating as designed, what is the probability that the average of 30 randomly selected measurements of fan capacity will be less than 2000 ft3/min?

• A) 0.0475
• B) 0.0000
• C) 0.9525
• D) 0.913

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Definitions:

NPV

Net Present Value (NPV) is a financial metric that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Cash Flow

The overall movement of capital entering and leaving a firm, which directly affects its solvency.

IRR

The Internal Rate of Return is a financial measure utilized in the evaluation of capital investments to determine their expected profitability.

Cash Flow

The overall volume of financial resources circulated within and out of an enterprise, affecting its solvency.