The Weight of Cans of Fruit Is Normally Distributed with a Mean

question 14

Multiple Choice

The weight of cans of fruit is normally distributed with a mean of 1,000 grams and a standard deviation of 50 grams. What percent of the cans weigh 860 grams or less?

• A)0.0100
• B)0.8400
• C)0.0026
• D)0.0001

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Definitions:

Angle Iron Brackets

Angle iron brackets are L-shaped supports made from angle iron, used in construction and industrial applications to provide structural stability and support.

Beta

A measure of the volatility, or systematic risk, of a security or a portfolio compared to the market as a whole.

Systematic Risk

Systematic risk refers to the overall risk affecting the entire market or market segment, making it unavoidable through diversification.

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio.