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An Electrical Component for One of the Main Products Your

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An electrical component for one of the main products your company produces is specified to have an electrical impedance of 2.15 ohms.However,the manufacturing process is not perfect and there is some variation on the actual impedance of these components.A recent statistical study indicated that in fact,the impedances are normally distributed with a mean impedance of 2.15 ohms and a standard deviation of 0.05 ohms.When the impedance exceeds 2.25 ohms,the product malfunctions so that component must be rejected and replaced by one whose impedance is within the acceptable limit.If you need 1350 usable components,how many components should you order?


Definitions:

Preferred Stock

A type of stock that provides dividends before dividends are issued to common stockholders and typically does not come with voting rights.

Common Shareholders

Individuals or entities that own common shares in a corporation, granting them voting rights and a share in the company's profits through dividends.

Dividend Yield

A measurement of the annual dividends a firm issues in relation to its share price.

Capital Gains Yield

The price appreciation component of the total return from an investment, typically expressed as a percentage.

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