Arandom sample of 81 automobiles traveling on a section of an interstate showed an average speed of 60 mph. the distribution of speeds of all cars on this section of highway is normally distributed, with a standard deviation of 13.5 mph. refer to exhibit a. if we are interested in determining an interval estimate for μ at 86.9% confidence, the z value to use is

a. 1.96
b. 1.31
c. 1.51
d. 2.00

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.