The Fill Weight of a Certain Brand of Adult Cereal

question 66

Multiple Choice

The fill weight of a certain brand of adult cereal is normally distributed with a mean of 910 grams and a standard deviation of 5 grams. If we select one box of cereal at random from this population,what is the probability that it will weigh less than 900 grams?

• A)4772
• B).9772
• C).9544
• D).0228
• E).0456

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Definitions:

Variable Costs

Costs that change in proportion to the level of activity or volume of goods produced in a business.

Fixed Costs

Expenses that do not change with the level of production or sales.

Depreciation Tax Shield

The Depreciation Tax Shield refers to the reduction in income tax a company achieves through deducting depreciation expenses, thus lowering its taxable income.

Straight-Line Method

An accounting method of depreciation where an asset's cost is reduced equally over its useful life.