Commute Distances for Employees of a Large Company Have a Distribution

question 30

Multiple Choice

Commute distances for employees of a large company have a distribution that is quite skewed. Suppose the mean commute distance is 20 miles and that the standard deviation is 7 miles. What can be said about the mean commute distance for a random sample of size 49 employees from this plant? ​

• A)The distribution of will be approximately normal with mean 20 and standard deviation 7.
• B)The distribution of will be approximately normal with mean 20 and standard deviation 1.
• C)The mean and standard deviation of will be 20 and 7, but the sampling distribution of will not be approximately normal.
• D)The mean and standard deviation of will be 20 and 1, but the sampling distribution of will not be approximately normal.
• E) will have a standard normal distribution.

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Financial Difficulty

A situation where an individual or organization struggles to meet financial obligations.

Operating Needs

The essential requirements necessary for a business to maintain and grow its operations, including working capital, equipment, and inventory.

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Money a company makes from its merchandise sales or services rendered.

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Service charge expense refers to fees charged for specific services provided, often recognized as an expense in accounting records.