A Company Selling Vegetable Seeds in Packets of 40 Estimates

question 35

Multiple Choice

A company selling vegetable seeds in packets of 40 estimates that the mean number of seeds that will actually grow is 35.7 with a standard deviation of 1.9 seeds.If a customer buys 5 different seed packets,what are the expected value and standard deviation of the number of bad seeds? Assume that packets are independent of each other.

• A)μ = 79.83,σ = 9.5
• B)μ = 178.5,σ = 9.5
• C)μ = 178.5,σ = 47.5
• D)μ = 178.5,σ = 4.25
• E)μ = 79.83,σ = 4.25

Grasp the importance of accurate posting and the relation between general and subsidiary ledgers to maintain financial integrity.

Learn about the flexibility and relevance principles in ensuring accounting information systems adaptability and usefulness.

Understand data exportation capabilities from Access.

Comprehend the basics of querying in database management systems.

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Definitions:

Open-book Management

A management approach where business financial information is shared with all employees to engage them in operating the business.

Functional Management

The management of specific areas of responsibility within an organization, such as HR, finance, or sales.

Timely and Relevant Feedback

Timely and Relevant Feedback is feedback that is provided soon after the event, situation, or performance it relates to, and is directly related to the tasks or goals at hand.

Goal-setting Model

A strategy or framework for establishing goals that are specific, measurable, attainable, relevant, and time-bound (SMART), aimed at increasing motivation and improving outcomes.