The weight of sacks of potatoes is normally distributed with a mean of 20 pounds and a standard deviation of 2 pounds. The weight of sacks of onions is also normally distributed with a mean of 20 pounds and a standard deviation of 0.50 pounds
Based on this information, which product will yield the highest probability of getting a very heavy sack?
Since both products have the same mean and are both normally distributed, the one with the largest standard deviation will provide the higher probability of a heavy sack. Since potatoes have a standard deviation of 2 pounds compared to 0.50 pounds for onions, you would be more apt to see a very heavy sack of potatoes than onions.
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Eighteen months before filing bankruptcy, Todd sells his motorcycle to his brother for $1 with the agreement that his brother will sell it back to Todd after Todd files for bankruptcy and receives a discharge of his debts. If the trustee can prove that Todd intended to defraud creditors with this transaction, which of the following is likely to happen?
A. Nothing because this is a valid contract with consideration given by both parties. B. This transaction will be reversed because it was a preference C. Nothing, because eighteen months is longer than 90 days, so the trustee has no power to take the motorcycle. D. Todd’s brother will be charged with the crime of theft from the bankruptcy estate. E. Todd’s brother will have to deliver the motorcycle to the trustee as this is a fraudulent transfer.
You can protect your family from financial hardship in the event of your death with ____________________
Fill in the blank(s) with correct word