A soft-drink vending machine is supposed to pour 8 ounces of the drink into a paper cup.

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A soft-drink vending machine is supposed to pour 8 ounces of the drink into a paper cup. However, the actual amount poured into a cup varies. The amount poured into a cup follows a normal distribution with a mean that can be set to any desired amount by adjusting the machine. The standard deviation of the amount poured is always .07 ounce regardless of the mean amount. If the owner of the machine wants to be 99% sure that the amount in each cup is 8 ounces or more, to what level should she set the mean?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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