Suppose a Research fiRm Conducted a Survey to Determine the Average

question 36

Multiple Choice

Suppose a research firm conducted a survey to determine the average amount of money steady
Smokers spend on cigarettes during a week. A sample of 100 steady smokers revealed that the
Sample mean is $20 and the sample standard deviation is $5. What is the probability that a sample
Of 100 steady smokers spend between $19 and $21?

• A) 0.4772
• B) 0.0228
• C) 0.9544
• D) $20

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Definitions:

Prospective Clients

Potential customers who have shown interest in a company's products or services but have not yet made a purchase.

Printer

A device that converts digital documents and images into physical copies by applying ink or toner onto paper.

First Impression

The initial perception or judgment formed about someone or something upon the first encounter, often lasting and difficult to change.

Sales Pitch

A persuasive speech or presentation designed to convince potential customers to buy a product or service, highlighting benefits and addressing objections.