At the US Open Tennis Championship a Statistician Keeps Track of Every

question 98

Multiple Choice

At the U.S. Open Tennis Championship a statistician keeps track of every serve that a player hits during the tournament. The statistician reported that the mean serve speed of a particular player was 103 miles per hour (mph) and the standard deviation of the serve speeds was 12 mph. Using the z-score approach for detecting outliers, which of the following serve speeds would represent outliers in the distribution of the player's serve speeds? Speeds: 61 mph, 115 mph, and 127 mph

• A) 61 is the only outlier.
• B) 61 and 115 are both outliers, but 127 is not.
• C) 61, 115, and 127 are all outliers.
• D) None of the three speeds is an outlier.

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuing company.

Retained Earnings

Retained earnings represent the cumulative amount of net income earned by a company that is retained by the company rather than distributed to its shareholders as dividends.

Dividends Payable

A liability account listed on a company's balance sheet representing the amount of declared dividends that are owed to shareholders.

Cash Dividend

A payment made by a company out of its profits to its shareholders in the form of cash.