THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 96

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The time it takes to assemble an electronic component is normally distributed with a mean of 17.2 minutes and a standard deviation of 3.1 minutes.
-The probability is 95% that it will take at least how long to assemble a component?

• A)12.7
• B)11.7
• C)12.1
• D)11.1

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Definitions:

Preferred Dividends

Preferred dividends are fixed dividend payments issued to preferred shareholders, prioritized over common stock dividends.

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Liquidating Dividend

A type of dividend paid by a company that is returning part of the original investment back to shareholders, typically during dissolution.

Paid-in Capital

The amount of money that a company receives from issuing shares of stock, recorded in the shareholders' equity section of the balance sheet.