The Net Profit from a Certain Investment Is Normally Distributed

question 140

Multiple Choice

The net profit from a certain investment is normally distributed with a mean of $10,000 and a standard deviation of $5,000. The probability that the investor will not have a net loss is:

• A) 0.4772
• B) 0.9544
• C) 0.0228
• D) 0.9772
• E) 1.0

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Definitions:

Cycle Time

The total time taken from the start to the finish of a production process or operation.

Move Time

The time taken to transfer materials from one stage of production to another or from one department to another within a manufacturing process.

Cycle Efficiency

A measure of the effectiveness of a process or system, typically referring to the ability to complete a cycle in a timely and cost-effective manner.

Cycle Time

The total time from the beginning to the end of a process, including processing time and any delays, often used in manufacturing and project management.