The Shelf Life of a Battery Produced by One Major

question 68

Multiple Choice

The shelf life of a battery produced by one major company is known to be normally distributed, with a mean life of 3.5 years and a standard deviation of 0.75 years. What percent of batteries last between 1.25 and 5.75 years?

• A) 99.7%
• B) 95%
• C) 68%
• D) 50%

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Definitions:

Open Listing

A non-exclusive contract allowing a property owner to sell their property themselves or to engage multiple agents without any obligation to pay commission except to the one who brings a valid offer.

Commission

A form of payment to an agent or employee based on the value of sales made or services provided.

Willing

Ready, inclined, or favorably disposed toward taking a particular action or supporting a particular stance.

Valid Gift

A legally recognized transfer of property or assets from one individual to another without the expectation of payment or compensation.