An Accounting fiRm Is Planning for the Next Tax Preparation

question 41

Multiple Choice

An accounting firm is planning for the next tax preparation season. From last year's returns, the firm
Collects a systematic random sample of 100 filings. The 100 filings showed an average preparation
Time of 90 minutes with a standard deviation of 140 minutes.
What is the probability that the mean completion time will be more than 120 minutes?

• A) Approximately zero
• B) 0.0832
• C) 0.4168
• D) 0.0162

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Definitions:

Heavy Metal Music

A genre of rock music characterized by loud volumes, aggressive sounds, and often thematic elements of darkness and rebellion.

Quiet Music

Music that is soft and low in volume, often used to induce relaxation or concentration.

Annoyed

A feeling of irritation or displeasure caused by what one perceives as a disturbance or a nuisance.

Tune Out

The act or process of disengaging attention or interest, often used to describe ignoring or not paying attention to specific stimuli or information.