During the Past Six Months,73

question 37

Multiple Choice

During the past six months,73.2% of US households purchased sugar.Assume that these expenditures are approximately normally distributed with a mean of $8.22 and a standard deviation of $1.10. Find the probability that a household spent more than $16.00

• A)1.00
• B)0.00
• C)0.50
• D)0.98

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Definitions:

Profit Centers

Divisions or branches within a company that are treated as separate business units, with their own revenues and expenses.

Division Revenues

The total income generated by a specific division or segment of a company from its operational activities.

Division Profits

The earnings generated by a specific division within a larger company, highlighting its financial performance.

Company-wide Profit

The total earnings or net income generated by all operations and departments of a business.