The Varden Packaging Company has a contract to fill 50 gallon barrels with gasoline for use by the U.S. Army. The machine that Varden uses has an adjustable device that allows the average fill per barrel to be adjusted as desired

However, the actual distribution of fill volume from the machine is known to be normally distributed with a standard deviation equal to 0.5 gallons. The contract that Varden has with the military calls for no more than 2 percent of all barrels to contain less than 49.2 gallons of gasoline. In order to meet this requirement, Varden should set the mean fill to approximately 49.92 gallons. Indicate whether the statement is true or false


FALSE

Business

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While some businesses have been granted charters under state laws, most businesses receive their charters under federal laws

Indicate whether the statement is true or false

Business

Which of the following guidelines can help ensure that a meeting is productive??

A) Brainstorming sessions should be discouraged.? B) ?Focus should be on personalities, not issues. C) ?An agenda should be distributed after a meeting. D) ?The meeting length and frequency should be limited.

Business

The EPA was created in order to address all but which of the following forms of pollution?

A) air B) water C) noise D) solid waste

Business

Ghani is Huey's agent. Ethically, Ghani cannot

A. disclose Ghani's interest in property that Huey is buying. B. exhibit loyalty to Huey. C. profit from the agency relationship, even with Huey's consent. D. represent Ilya in a transaction with Huey.

Business