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It Has Been Reported That the Average Time to Download

question 41

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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 23 download times are selected,describe the shape of the sampling distribution and how it was determined.

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Definitions:

Declaration Date

Date on which the board of directors passes a resolution to pay a dividend.

Dividend

A portion of a company's earnings that is paid to shareholders, usually on a regular basis.

Corporate Dividend Payout

The part of a company's profits paid out to shareholders as dividends.

Reinvesting Dividends

The process of using dividend payments to purchase more shares of the same stock.

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