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:
Market Price
The current market price represents the cost at which a service or asset is presently available for purchase or sale.
Subscription Price
The fee charged to access a service or product for a particular period, often used for magazines, software, and memberships.
Rights Offering
The offering of new shares to existing shareholders at a discounted price, allowing them to buy additional shares directly from the company.
Stock Price
The value of a single share of a company's stock, representing ownership interest in the company.
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