Solve the Problem. -Among a Random Sample of 250 College Students, the Mean

question 47

Multiple Choice

Solve the problem.
-Among a random sample of 250 college students, the mean number of hours worked per week at non-college related jobs is 14.2. This mean lies 2 standard deviation(s) above the mean of the sampling distribution. If a second sample of 250 students is selected, what is the probability that for the second sample, the mean number
Of hours worked will be greater than 14.2?

• A)0.5
• B)0.0228
• C)0.9772
• D)0.0222

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Definitions:

Standard Of Living

The level of prosperity, amenities, material possessions, and basic needs accessible to a specific social class or region.

Economic Growth

An increase in a country's output of goods and services over time, typically measured by changes in real GDP, indicating improvements in living standards and economic health.

Capital

Assets or resources that are available for use in the production of further assets or goods.

Entrepreneurial Ability

The skill or capacity to identify opportunities, create new businesses, and innovate new products or services in the marketplace.