Solve the Problem. -Among a Random Sample of 150 Employees of a Particular

question 15

Multiple Choice

Solve the problem.
-Among a random sample of 150 employees of a particular company, the mean commute distance is 25.4 miles. this mean lies 1.7 standard deviation(s) below the mean of the sampling distribution. In a second sample of 150 employees selected from the same company, the mean commute distance is 31.7 miles. This second sample mean lies 2 standard deviation(s) above the mean of the sampling distribution. If a third sample of 150 employees is selected, what is the probability that the sample mean will lie between 25.4 and 31.7?

• A)0.9772
• B)0.9326
• C)0.0218
• D)0.0446

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Definitions:

Freight Paid

The cost incurred by a company to transport goods, often recognized as an expense in the income statement.

Operating Expense

Costs associated with the day-to-day operations of a business, excluding the cost of goods sold.

Sales

The total amount of revenue generated by the selling of goods or services.

Sales Invoice

A document issued by a seller to a buyer that lists products or services provided and states the sum due for these.