The Weight of Crackers in a Box Is Stated to Be

question 3

Multiple Choice

The weight of crackers in a box is stated to be 450 grams.The amount that the packaging machine puts in the boxes is believed to have a Normal model with mean 465 grams and standard deviation 30 grams.What is the probability that the mean weight of a $50 - \mathrm { box }$ case of crackers is below 450 grams?

• A)0.9998
• B)0.9996
• C)0.0015
• D)0.0002
• E)0.0004

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Definitions:

Consumer Price Index

The Consumer Price Index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households.

Bundle

A group of products or services sold together as a single package, often offered at a discounted price compared to purchasing each item individually.

Base Year

The base year is a specific year against which economic or financial indices are measured, allowing for comparison across different periods by setting a standard reference point.

Frictional Unemployment

Unemployment that occurs when people are between jobs or are entering the workforce for the first time, typically a short-term condition.