A Machine That Is Programmed to Package 1

question 22

Multiple Choice

A machine that is programmed to package 1.20 pounds of cereal is being tested for its accuracy in a sample of 36 cereal boxes, the sample mean filling weight is calculated as 1.22 pounds. The population standard deviation is known to be 0.06 pounds. Find the 95% confidence interval for the mean.

• A) [1.20, 1.24]
• B) [1.18, 1.26]
• C) [1.16, 1.28]
• D) [1.14, 1.30]

Explain the significance of corporate social responsibility and its expectations from stakeholders.

Analyze Adam Smith’s doctrine of natural liberty and its ethical implications.

Understand procedural and distributive justice and their importance in organizational fairness.

Describe different ethical theories and their approaches to determining right and wrong.

---

Definitions:

Yearly Save

Yearly save refers to the amount of money or cost savings that an organization or individual aims to achieve within a one-year period.

Straight-Line Method

A method of calculating depreciation of an asset which assumes the asset will lose an equal amount of value each year over its useful life.

Diminishing Value

A method of depreciation where an asset loses value at a decreasing rate over time, reflecting its declining usefulness or productivity.

Accounting Rate of Return

A financial ratio that measures the return on investment from a project based on its net income.