A Salesman Who Uses His Car Extensively Finds That His

question 150

Multiple Choice

A salesman who uses his car extensively finds that his gasoline bills average $125.32 per month with a standard deviation of $49.51.The probability that his bill will be less than $50 a month or more than $150 for a single month is:

• A) 0.4357.
• B) 0.1915.
• C) 0.6272.
• D) 0.3728.
• E) 0.6915.

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Definitions:

Ownership

The legal right or title to something, such as a company, trademark, or property, often accompanied by certain responsibilities and benefits.

Small Businesses

Entities involved in commercial, industrial, or professional activities characterized by their small size in terms of employees, revenue, or operations.

Sole Proprietorship

A business structure where a single individual owns, manages, and is personally responsible for all aspects of the business, including debts.

Persons

Human beings regarded as individuals or entities capable of owning property, having rights and responsibilities, and engaging in legal contracts and activities.