A Population Has a Mean of 53 and a Standard

question 22

Multiple Choice

A population has a mean of 53 and a standard deviation of 21. A sample of 49 observations will be taken. The probability that the sample mean will be greater than 57.95 is

• A)0
• B).0495
• C).4505
• D).9505

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Definitions:

Investing Activities

Deals related to buying and selling long-term assets and investments that are not considered as cash equivalents.

Loss

A financial condition where expenses exceed revenues, resulting in a negative net income for a business.

Sale of Equipment

The process of disposing of business equipment, which is recorded as a financial transaction affecting company assets.

Cash Flows

The inflows and outflows of cash and cash equivalents for a business, reflecting its operational, investing, and financing activities.