Examlex
A 50-volt battery must be between 55 and 45 volts when it leaves the factory. Two hundred samples of batteries have yielded the following data: average charge of 49 volts with a standard deviation of 2.5 volts. What is the probability of producing an out-of-spec battery?
Iguanas
Large, herbivorous lizards native to Central and South America, known for their distinctive appearance, including dorsal spines and dewlaps.
Elastic Demand
A scenario in which there's a notable shift in the demand for a product or service due to a variation in its price.
Total Revenue
The entire amount of income generated by the sale of goods or services before any costs or expenses are deducted.
Output
The total amount of goods or services produced by a firm, industry, or economy in a given period.
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