According to internal testing done by the HardCore Apple Company, the mean firmness of their apples, as measured on the Mohs hardness scale is 7.0, with a standard deviation of 0.3.
a) If the claim by Hardcore is true, what is the mean of the sampling distribution of 
for samples of size n = 16?
b) If the claim by HardCore is true, what is the standard deviation of the sampling distribution of 
for samples of size n = 16?
c) If the distribution of HardCore firmness is approximately normal, and their claim about the mean firmness is true, what is the probability that the mean firmness of a random sample of size n = 16 will be less than 6.9?
Definitions:
Financial Statement Order
The sequence in which financial reports, such as the balance sheet, income statement, and cash flow statement, are prepared and presented.
Recording Process
The systematic method of capturing all changes in financial information in a set period, typically through the use of journals and ledgers in accounting.
Travel and Entertainment
Expenses incurred by an employee or a business in the course of business-related travels or entertaining clients, which may be deductible for tax purposes.
Property Development
It involves the process of purchasing land or property, making improvements or constructing new buildings, and selling or leasing them for profit.
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