The Daily Revenue at a University Snack Bar Has Been

question 45

Multiple Choice

The daily revenue at a university snack bar has been recorded for the past five years. Records indicate that the mean daily revenue is $1500 and the standard deviation is $500. The distribution is skewed to the right due to several high volume days (football game days) . Suppose that 100 days are randomly selected and the average daily revenue computed. Which of the following describes the sampling distribution of the sample mean?

• A) normally distributed with a mean of $1500 and a standard deviation of $500
• B) skewed to the right with a mean of $1500 and a standard deviation of $500
• C) normally distributed with a mean of $150 and a standard deviation of $50
• D) normally distributed with a mean of $1500 and a standard deviation of $50

---

Definitions:

Decision-Making

Decision-Making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Public Agencies

Governmental organizations that operate at the local, state, or national level, serving public interests and implementing policies.

Effective Relationships

Relationships characterized by clear communication, mutual respect, and shared goals, leading to positive outcomes.

Legislators

Elected officials who are responsible for proposing, reviewing, and enacting laws within a government body.