There Are Two Hospitals; One Averages 45 Births Per Day,the

question 40

Multiple Choice

There are two hospitals; one averages 45 births per day,the other 15 births per day.You are asked,"In any given year,which hospital will have a higher percentage of days during which more than 60 percent of the babies born will be male?" The correct answer is __________.

• A)the "45" hospital
• B)the "15" hospital
• C)that there is an equal chance of either
• D)that there is insufficient information provided (thus,we cannot answer the question)

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Definitions:

Focal Date

A specific point in time that serves as a reference or target for financial calculations or contractual obligations.

Loan Date

The specific date on which a loan agreement is signed, and the funds are disbursed to the borrower.

Plant Capacity

Plant capacity refers to the maximum output or production that a manufacturing facility can achieve under normal conditions.

Variable Costs

Costs that vary directly with the level of production or volume of output, in contrast to fixed costs.