According to the Bureau of Labor Statistics It Takes an Average

question 88

Multiple Choice

According to the Bureau of Labor Statistics it takes an average of 16 weeks for young workers to find a new job.Assume that the probability distribution is normal and that the standard deviation is two weeks.What is the probability that 20 young workers average less than 15 weeks to find a job?A.0.0125

• A) 0.0225
• B) 0.0450
• C) 0.0375

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Definitions:

Operating Expenses

Regular expenses associated with the operation of a business, such as rent, utilities, and payroll, not directly tied to production.

Cost of Sales

The immediate expenses related to the manufacturing of products sold by a business, encompassing costs for materials and labor.

Cash Receipts

Money received by a business during a particular period, including revenues from sales and other transactions.

Cash Disbursements

Outflows of cash, typically categorized for financial reporting and analysis of a company’s cash outflow activities.