Consider the Following to Answer the Question(s) Below

question 11

Multiple Choice

Consider the following to answer the question(s) below:
A company's manufacturing process uses 500 litres of water at a time. A "scrubbing" machine then removes most of a chemical pollutant before pumping the water into a nearby lake. To meet federal regulations the treated water must not contain more than 80 parts per million (ppm) of the chemical. Because there is a fine charged if regulations are not met, the company sets the machine to attain an average of 75 ppm in the treated water. The machine's output can be described by a Normal model with a standard deviation 4.2 ppm.
-What percent of the batches of water discharged exceed the 80 ppm standard?

• A) 88.3%
• B) 11.7%
• C) 61.7%
• D) 38.3%
• E) -11.7%

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Definitions:

Reducing Expenses

The act of cutting down on costs or spending in order to improve overall financial health.

Market Segments

Subsets of a market made up of people or organizations with one or more characteristics that cause them to demand similar product or service based on qualities of those products.

Product Prices

Product prices are the amounts sellers charge consumers to purchase goods or services.

Broad Array

refers to a wide and varied range of items, options, or choices.