Use the Following Information to Answer Questions (1) - (5)

question 23

Multiple Choice

Use the following information to answer questions (1) - (5) . Feature movie lengths (in hours) were measured for all movies shown in the past year in the U.S. The mean length of all feature length movies shown was 1.80 hours with a standard deviation of 0.15 hours. Suppose the length of a random sample of 20 movies was recorded from all movies released this year. The mean length of the feature length movies was found to be 1.72 hours with a standard
deviation of 0.18 hours.
-Suppose we were to make a histogram of the feature length movie times of all movies in the past year. The histogram would be a display of which of the following?

• A)population distribution
• B)distribution of a sample
• C)sampling distribution of means
• D)Normal distribution

---

Definitions:

Pre-tax Net Income

The amount of income earned by a company before taxes are deducted, representing its profitability.

Incremental Cash Flows

Additional cash flows from a new project or investment, considered when evaluating the financial viability of that project.

Stand-alone Principle

An approach to evaluating investment decisions without considering any potential impacts from external projects or operations.

Sunk Cost

A cost that has already been incurred and cannot be recovered, which should not affect future investment decisions.