The Average Score of All Golfers for a Particular Course

question 13

Multiple Choice

The average score of all golfers for a particular course has a mean of 66 and a standard deviation of 3.5. Suppose 49 golfers played the course today. Find the probability that the average score of the 49 golfers exceeded 67.

• A) .0228
• B) .3707
• C) .1293
• D) .4772

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Definitions:

Equation Interpretation

The process of understanding the mathematical and practical significance of the parameters and variables in an equation.

Cost Of Goods Sold

The immediate expenses linked to the manufacturing of goods a company sells, encompassing costs for materials and labor.

Current Assets

Short-term assets that a company owns, which are expected to be converted into cash within one year, such as inventory, cash, and accounts receivable.

Average Collection Period

A financial metric that measures the average number of days it takes a company to collect payments from its credit sales.