A Population Has a Mean of 70 and a Standard

question 25

Multiple Choice

A population has a mean of 70 and a standard deviation of 8. If samples of size N = 16 are randomly drawn from this population, then what proportion of sample means will fall between 66 to 74?

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

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Definitions:

Service Facility Location

The process of choosing the most appropriate location for a service establishment to optimize accessibility to customers and operational efficiency.

Industrial Location

The geographical placement of production facilities based on factors like cost, resources, logistics, and market access.

Starbucks Coffee

A multinational chain of coffeehouses and roastery reserves known for its specialty coffee drinks and community-focused atmosphere.

Service Location Strategy

The planning approach used to determine the most optimal locations for service delivery in order to maximize accessibility and customer satisfaction.