One Year, the Distribution of Salaries for Professional Sports Players

question 19

Multiple Choice

One year, the distribution of salaries for professional sports players had mean $1.6 million and standard deviation $0.8 million. Suppose a sample of 400 major league players was taken. Find the
Approximate probability that the average salary of the 400 players that year exceeded $1.1 million.

• A)approximately 0
• B)approximately 1
• C).2357
• D).7357

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Definitions:

Task Goals

Objectives or aims that pertain to the completion of specific tasks, often setting the direction and purpose for individual or team effort.

Behavioural Self-management

The process of controlling one's own behavior through self-observation, self-evaluation, and self-reinforcement to achieve personal goals.

Equity Comparisons

The process of comparing one's own ratio of contributions and rewards with the ratios of others to gauge fairness.

Goal-setting Theory

A motivation theory which posits that setting specific and challenging goals, along with appropriate feedback, enhances performance.