Suppose That the Waiting Time for a License Plate Renewal

question 14

Multiple Choice

Suppose that the waiting time for a license plate renewal at a local office of a state motor vehicle department has been found to be normally distributed with a mean of 30 minutes and a standard deviation of 8 minutes.What is the probability that a randomly selected individual will have a waiting time at least 10 minutes?

• A).9938
• B).8944
• C).1056
• D).0062

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Definitions:

Whirlpool Company

An American multinational manufacturer and marketer of home appliances.

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects debts from its customers, calculated by dividing total net sales by the average accounts receivable.

Financial Information

Data regarding a company's financial status, including income, expenses, assets, liabilities, and equity.

Whirlpool Company

A global manufacturer and marketer of home appliances known for producing refrigerators, washing machines, and other domestic appliances.