One Year, the Distribution of Salaries for Professional Sports Players

question 4

Multiple Choice

One year, the distribution of salaries for professional sports players had mean $1.6 million and standard deviation $0.7 million. Suppose a sample of 100 major league players was taken. Find the approximate probability that the average salary of the 100 players that year exceeded $1.1 million.

• A) approximately 1
• B) .2357
• C) .7357
• D) approximately 0

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Definitions:

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An entity or person that sends goods to another, the consignee, who agrees to sell those goods on behalf of the consignor.