Examlex

Solved

According to ComScore, Facebook Users Spent an Average of 432

question 102

Multiple Choice

According to comScore, Facebook users spent an average of 432 minutes on the site during a recent month. Assume that this population has a standard deviation of 127 minutes. A random sample of 50 users was selected from this population. What is the probability that the average number of minutes on the site in the recent month was less than 410 minutes?


Definitions:

Number Of Sales

quantifies the total sales transactions completed within a specific period, often used to gauge business performance.

Bonus

A form of additional compensation given to an employee or workers, above their normal pay, for achieving a certain level of performance or for special occasions.

Commission

A fee paid to an agent or employee for facilitating a sale or transaction, typically calculated as a percentage of the sale.

Car Dealer

An organization that specializes in selling new or pre-owned automobiles directly to consumers, operating under a dealership agreement with a car manufacturer or its sales division.

Related Questions