The Weight of a Product Is Normally Distributed with a Standard

question 142

Multiple Choice

The weight of a product is normally distributed with a standard deviation of .5 ounces.What should the average weight be if the production manager wants no more than 5% of the products to weigh more than 5.1 ounces?

• A)4.278
• B)4.409
• C)3.455
• D)5.922

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Definitions:

Disbursement Float

The time delay between when a check is issued and when it is actually deducted from the payer's bank account, affecting cash management.

Transaction

An agreement or exchange between two parties that involves the sale, purchase, or trade of goods, services, or information.

Book Balance

The Book Balance represents the amount of money a company records in its accounting records, not necessarily reflecting the available or actual cash on hand.

Available Cash Balance

The amount of cash that a company has on hand after accounting for all operational and investment expenses.