Consider a Population of 900 Values That Are Normally Distributed

question 9

Multiple Choice

Consider a population of 900 values that are normally distributed with a mean of 90 and standard deviation of 6. To the nearest integer, how many values are less than 93?

• A) 562
• B) 582
• C) 622
• D) 692

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Definitions:

Return on Equity

A profitability ratio that highlights the level of profit a company achieves with the capital invested by shareholders.

Financial Statements

Comprehensive reports created to communicate an organization's financial performance, financial position, and cash flows over a specific period.

Days' Sales

This is a measure of a company’s operational efficiency, indicating how many days it takes for a company to turn its inventory into sales.