Use Technology to Solve the Following Problem: a Survey Reported

question 23

Multiple Choice

Use technology to solve the following problem: A survey reported that in a recent year, the mean serum cholesterol level in milligrams per deciliter for U.S. adults was 195 with a standard deviation Of 35. A random sample of 110 adults was chosen. Find the 77th percentile of the sample mean.

• A) 197.6
• B) 220.9
• C) 197.5
• D) 195.2

---

Definitions:

Risk

The potential for loss or an unfavorable outcome associated with an action or decision.

Financial

Related to finances or financial systems, involving money management, investment, and economic activities.

Social

Relating to society or its organization; involving the gathering of people or entities for mutual benefit.

Product Life Cycle

A concept in marketing that describes the stages a new product goes through in the marketplace: introduction, growth, maturity, and decline.