A New Machine Is Set or Calibrated to Fill Tubes

question 31

Multiple Choice

A new machine is set or calibrated to fill tubes of toothpaste at precisely 6.75 ounces. Then,once the machine is running,a sample of six tubes is taken every three hours and weighed with the following results: What is the mean range?

• A)0.000
• B)0.160
• C)0.080
• D)0.203

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Definitions:

Expected Rate

Anticipated return or yield on an investment or financial instrument, often based on historical data or statistical analysis.

Fidelity Mutual

An investment firm known for offering mutual funds and other financial products and services to its clients.

Four-Year Annuity

A financial product that provides a series of equal payments over a period of four years to the holder.

Annual Payments

Recurring payments made once a year, often related to loans, leases, or other financial obligations.