Among a Random Sample of 150 Employees of a Particular

question 37

Multiple Choice

Among a random sample of 150 employees of a particular company, the mean commute distance is 28.1 miles. This mean lies 0.7 standard deviations below the mean of the sampling distribution. If a second sample of 150 employees is selected, what is the probability that for the second sample, the mean commute distance will be at least 28.1 miles?

• A) 0.7580
• B) 0.5000
• C) 0.2420
• D) 0.2743

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Definitions:

Deficit Spending

The practice of spending more money than is taken in through revenues, leading to a government budget deficit, often financed by borrowing.

Demobilized Soldiers

Military personnel who are discharged back into civilian life after their service, often following the end of a war or military conflict.

Unemployment

The situation when individuals who are capable of working and are actively seeking employment are unable to find a job.

World War

World War usually refers to one of the two global military conflicts of the 20th century, either from 1914 to 1918 or from 1939 to 1945, involving many of the world's nations.