Miguel Buys a Large Bottle and a Small Bottle of Juice.The

question 48

Multiple Choice

Miguel buys a large bottle and a small bottle of juice.The amount of juice that the manufacturer puts in the large bottle is a random variable with a mean of 1,024 ml and a standard deviation of 12 ml.The amount of juice that the manufacturer puts in the small bottle is a random variable with a mean of 504 ml and a standard deviation of 2 ml.If the total amount of juice in the two bottles can be described by a normal model,what's the probability that the total amount of juice in the two bottles is more than 1,554.8 ml?

• A)0.014
• B)0.011
• C)0.018
• D)0.986
• E)0.982

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Definitions:

Net New Equity

The amount of equity capital that is generated by a company through the sale of new shares, after deducting any costs associated with issuing the new equity.

Dividends Paid

The portion of a company's earnings distributed to shareholders, usually on a regular basis.

Operating Expenses

The costs related to the day-to-day operations of a business, excluding cost of goods sold.

Cost of Goods Sold

The total cost of manufacturing or purchasing the goods a company has sold during a period.