THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 19

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The filling machine at a bottling plant is operating correctly when the variance of the fill amount is equal to 0.3 ounces.Assume that the fill amounts follow a normal distribution.
-What is the probability that for a sample of 30 bottles,the sample variance is greater than 0.5?

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Definitions:

Dividend Income

Income received from owning shares of stock or mutual funds, which represents a portion of the company's profits distributed to its shareholders.

Domestic Corporation

A corporation that is incorporated under the laws of a specific country and conducts its operations primarily within that country.

Tax Returns

Tax returns are forms filed with taxing authorities that report income, expenses, and other pertinent tax information.

Corporate Tax

A tax imposed on the income or profit of corporations and businesses by the government.