The Diameter of Small Nerf Balls Manufactured at a Factory

question 60

Multiple Choice

The diameter of small Nerf balls manufactured at a factory in China is expected to be approximately normally distributed with a mean of 5.2 inches and a standard deviation of .08 inches.Suppose a random sample of 20 balls is selected.Find the interval that contains 95.44% of the sample means.

• A)[5.04 5.36]
• B)[5.18 5.22]
• C)[5.16 5.24]
• D)[5.07 5.33]

Evaluate the economic value of delayed or advanced payments considering the cost of capital.

Understand the impact of interest rates on the valuation of financial transactions.

Distinguish between present value and future value in financial calculations.

Apply mathematical finance principles to solve real-world problems involving payments and loans.

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