The Weight Losses for Participants in a Large Exercise and Diet

question 2

Multiple Choice

The weight losses for participants in a large exercise and diet study vary according to a Normal distribution with mean 14.5 pounds and standard deviation 3 pounds.
Approximately what percent of the participants lose less than 14.5 pounds?

• A) 16 percent
• B) 34 percent
• C) 50 percent
• D) 84 percent
• E) 95 percent

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Definitions:

Notes Receivable

Claims against others, recorded by an entity, that are evidenced by promissory notes, indicating the others’ promises to pay specified amounts at predetermined dates.

Current Liabilities

Current liabilities are a company's debts or obligations due within one year, appearing on the balance sheet and requiring the use of current assets.

Time to Maturity

The remaining lifespan of a debt instrument, indicating the length of time until the principal amount must be repaid.

Dishonored Notes Receivable

A note receivable that has not been paid by the maker at its maturity date, resulting in a failure to meet the financial obligation.