A Simple Random Sample of 100 Bags of Tortilla Chips

question 91

Multiple Choice

A simple random sample of 100 bags of tortilla chips produced at Plant A is selected every hour for quality control.In the current sample,18 bags had more chips (measured in weight) than the labeled quantity.This sample information is being compared to data collected at Plant B.In the current sample of 100 bags of chips from Plant B,12 bags had more chips than the labeled quantity.What is the relative risk that a bag of tortilla chips produced at Plant A had more chips than the labeled quantity as compared to Plant B?

• A)RR = 0.15
• B)RR = 0.667
• C)RR = 1.462
• D)RR = 1.5

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Definitions:

Market Value

The current price at which an asset or a service can be bought or sold in an open market.

Investments

Assets purchased with the expectation that they will generate income in the future or appreciate in value for future resale.

Operating Cash Flow

The revenue generated by a company through its primary business functions.

Interest Expense

This is the cost incurred by an entity for borrowed funds, which can include the cost of bonds, loans, and lines of credit.