THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 3

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Suppose that 20% of all invoices are for amounts greater than $800.A random sample of 50 invoices is taken.
-Suppose that 15% of all invoices are for amounts greater than $1,000.A random sample of 60 invoices is taken.What is the probability that between 13% and 23% of these 60 invoices are for more than $1,000?

• A)0.4591
• B)0.2019
• C)0.1664
• D)0.6255

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Definitions:

Drops Per Millilitre

A measurement of liquid drug concentration, indicating how many drops are equivalent to one milliliter.

Fluid Volume Deficit

A condition where there is a significant reduction in the volume of fluid in the body, potentially leading to dehydration and hypovolemia.

Dry Mucous Membranes

A condition characterized by the lack of adequate moisture in the mucous membranes, often indicating dehydration or other health issues.

Fluid Restriction

A medical directive to limit the amount of fluids consumed by a patient, often used in conditions where fluid balance is critical.