Use Technology to Solve the Following Problem: the Mean Annual

question 105

Multiple Choice

Use technology to solve the following problem: The mean annual income for people in a certain city (in thousands of dollars) is 44, with a standard deviation of 35. A pollster draws a sample of 59 People to interview. What is the probability that the sample mean income is between 42 and 48 (thousands of dollars) ?

• A) 0.5204
• B) 0.4796
• C) 0.8100
• D) 0.1900

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Definitions:

Federal Laws

Legislation enacted by the national government that applies across an entire country.

Compliance

The act of adhering to laws, regulations, standards, and ethical practices applicable to an organization or activity.

Glass Ceiling

An invisible barrier that limits the advancement of certain groups, particularly women and minorities, within a corporate hierarchy.

Employee Referrals

A hiring method where existing employees recommend candidates for open positions within the organization, often rewarded with bonuses.