A Random Sample of Size 36 Is Taken from a Population

question 85

Multiple Choice

A random sample of size 36 is taken from a population with mean 50 and standard deviation 5. What is μ_x?

• A) 50
• B) 5
• C) 8.33
• D) .833

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Definitions:

Paper Currency

Legal tender issued by a government or central bank in the form of paper notes.

Negotiable Instrument

A signed document promising a sum of payment to a specified person or the assignee which is transferable by endorsement.

Sum Certain

A specific, agreed-upon amount of money owed under a contract that is not subject to change.

Unconditional Promise

A commitment or guarantee that is not subject to any conditions or contingencies.