The Probability That the Sample Mean Lies Between 498 and 502

question 20

Multiple Choice

The probability that the sample mean lies between 498 and 502 is closest to

• A).3174
• B).9772
• C).9544
• D).3108
• E).6826

---

Definitions:

Merchant

An individual or business entity involved in the trade of goods or services, especially one dealing with the sale of goods.

Uniform Commercial Code

A comprehensive set of laws and regulations that govern commercial transactions in the United States, intended to harmonize laws across states.

Ordinary Buyers

Refers to typical consumers in the market who purchase goods or services for personal use.

Voidable Title

A legal title to property that may be annulled or invalidated due to certain circumstances, such as fraud or misrepresentation.