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The Weight of a Product Is Normally Distributed with a Mean

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The weight of a product is normally distributed with a mean of four ounces and a variance of .25 "squared ounces." The company wants to classify the unit as a scrap in a maximum of 1 percent of the units if the weight is below a desired value.Determine the desired weight such that no more than 1 percent of the units are below it.

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Definitions:

Implied Warranty

A legal assumption that goods or services sold meet certain quality standards, even if not explicitly stated in a contract.

Latent Defects

Hidden problems or flaws in a property that are not discoverable by reasonable inspection before purchase.

Remote Control Devices

Electronic devices used to operate another device from a distance, typically using radio frequency or infrared signals.

Fixtures

Items that are attached to a property in such a way that they become part of the property and are considered legally part of the real estate.

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