A Normally Distributed Population Has a Mean of 500 and a Standard

question 20

Multiple Choice

A normally distributed population has a mean of 500 and a standard deviation of 60. Determine the probability that a random sample of size 16 selected from this population will have a sample mean less than 475.

• A) 0.3251
• B) 0.7124
• C) 0.0475
• D) 0.0712

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Definitions:

Donee Beneficiary

A third party who benefits from a contract in which a promisor agrees to give a gift to the third party.

Incidental Beneficiary

A person who indirectly benefits from the fulfillment of a contract or agreement but has no legal right to enforce the agreement.

Statute of Frauds

A rule of law mandating specific agreements must be documented with the signatures of those participating to be valid and binding.

Oral Evidence

Testimony given by a witness or party during a trial based on what the witness has heard or personally experienced.