A Group of Statistics Students Decided to Conduct a Survey

question 31

Multiple Choice

A group of statistics students decided to conduct a survey at their university to find the average (mean) amount of time students spend studying per week.Based on a simple random sample,they surveyed 144 students.The statistics showed that students studied an average of 20 hours per week with a standard deviation of 10 hours.What is the probability of finding a sample mean less than 18 hours?

• A)0.4820
• B)0.4920
• C)0.0080
• D)0.0180

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Definitions:

Current Asset

Current Assets are assets expected to be converted into cash, sold, or consumed during a company's next operating cycle or within a year, including cash, inventory, and accounts receivable.

Current Asset

Assets likely to be converted into cash, sold, or consumed within a year or normal operating cycle, such as cash, inventory, and accounts receivable.

Converted To Cash

The process of liquidating assets or investments to obtain cash, often used to meet short-term financial obligations.

Investments

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