The wall street journal reported that long term treasury bonds had a mean return of 24.03% in 2008. assume that the returns for the long term treasury bonds were distributed as a normal random variable, with a mean of 24.03 and a standard deviation of 10. if you select an individual treasury bond from this population, what is the probability that it would have a return a. less than 0 (a loss)? b. between 10 and 20 ? c. greater than 10 ?

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: