The amount of tea leaves in a can from a particular production line is normally distributed with ? = 110 grams and ? = 25 grams. What is the probability that a randomly selected can will contain at least 100 grams of tea leaves?
What will be an ideal response?
0.6554
Business
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Which of the following is NOT true about call and put options:
A. An American option can be exercised at any time during its life B. A European option can only be exercised only on the maturity date C. Investors must pay an upfront price (the option premium) for an option contract D. The price of a call option increases as the strike price increases
Business
Which of the following signals a potential fraud that may occur for the overstatement of inventory accounts?
a. Reserves for contingencies are reducing rapidly. b. Inventory amounts are growing faster than sales. c. Repairs and maintenance accounts have significant credit entries. d. The purchase of manufacturing equipment is occurring at a rapid rate.
Business