Solve the Problem $\mu _ { X } ^ { - }$

question 251

Multiple Choice

Solve the problem.
-In a population of 210 women, the heights of the women are normally distributed with a mean of 64.4 inches and a standard deviation of 2.9 inches. If 36 women are selected at random, find the mean $\mu _ { X } ^ { - }$ and standard
Deviation $\sigma _ { x }^ { - }$ of the population of sample means. Assume that the sampling is done without replacement and
Use a finite population correction factor.

• A) 58.8 inches, 2.65 inches
• B) 64.4 inches, 2.07 inches
• C) 64.4 inches, 2.9 inches
• D) 64.4 inches, 0.44 inches

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Definitions:

Negotiated Price Approach

A pricing strategy where the final sale price of a product or service is determined through bargaining between the buyer and the seller.

Market Price Approach

An approach to transfer pricing that uses the price at which the product or service transferred could be sold to outside buyers as the transfer price.

Transfer Prices

Prices set for the sale of goods and services between controlled or related legal entities within an enterprise.

Market Price Approach

The market price approach is a method used to value assets based on the current market price of similar or identical assets.