The Average Height of Flowering Cherry Trees in a Certain

question 9

Multiple Choice

The average height of flowering cherry trees in a certain nursery is 10.5 feet. If the heights are normally distributed with a standard deviation of 1.5 feet, find the probability that a tree is less than 12.5 feet tall.

• A) 0.73
• B) 0.91
• C) 0.96
• D) 0.82

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Fair Value Method

An accounting approach used to measure assets and liabilities at estimates of their current value, rather than at historical cost or intrinsic value.

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