A Population Has a Mean of 100 and a Standard

question 34

Multiple Choice

A population has a mean of 100 and a standard deviation of 15. If samples of size N = 25 are randomly drawn from this population, then what proportion of sample means will fall between 97 to 103?

• A).6826
• B).3413
• C).5000
• D).9544

---

Definitions:

Warranty of Quality

A guarantee that a sold product will meet specified quality and performance standards.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, intended to harmonize and standardize laws across states.

Implied Warranty

A legal premise that goods sold meet certain criteria for use as understood by the buyer and seller, even if not explicitly stated.

Express Warranty

An explicitly stated guarantee by a seller regarding the condition or quality of a product.