It Has Been Reported That the Average Time to Download

question 33

Multiple Choice

It has been reported that the average time to download the home page from a government website was 0.9 seconds.Suppose that the download times were normally distributed with a standard deviation of 0.3 seconds.If random samples of 36 download times are selected,80 percent of the sample means will be between what two values symmetrically distributed around the population mean?

• A)[.648,1.152]
• B)[.836,.964]
• C)[.514,1.280]
• D)[.858,.942]

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Definitions:

Tax Shield

The reduction in income taxes that results from taking an allowable deduction from taxable income, such as the interest on debt.

Stand-Alone

Describes something that operates independently or can function without the need for external support.

Bottom-Up

An approach that starts at the most specific, detailed level and works up to a broader perspective, especially in planning and analysis.

Net Working Capital

The difference between a company's current assets and current liabilities, indicating short-term financial health and liquidity.