Solve the Problem. -A Final Exam in Math 160 Has a Mean of a Mean

question 116

Multiple Choice

Solve the problem.
-A final exam in Math 160 has a mean of 73 with standard deviation 7.8. If 24 students are randomly selected, find the probability that the mean of their test scores is less than 70.

• A) 0.1006
• B) 0.9699
• C) 0.0301
• D) 0.0278

---

Definitions:

Current Ratio

The current ratio is a financial metric used to evaluate a company's ability to pay its short-term obligations, calculated by dividing current assets by current liabilities.

Accounts Receivable

Represents the money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Equipment

Equipment encompasses tangible assets, excluding land and buildings, that are used in operations and have a useful life beyond a single accounting period, such as machinery and vehicles.

Journal Entries

Written records that document financial transactions in the accounting system, serving as the primary means of recording business activities.