The Daily Sales of a Small Retail Store in Toronto

question 46

Multiple Choice

The daily sales of a small retail store in Toronto for the last 365 days are normally distributed with a
Mean of $2,050, and a standard deviation of $300. From a sample of 49 days, what is the
Probability of having a sample mean more than $2,000?

• A) 0.3790
• B) 0.8790
• C) 0.121
• D) Approximately zero
• E) Approximately 100%

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Definitions:

Experience

The knowledge or skill acquired through involvement in or exposure to events, situations, or activities over time.

Psychosocial Task

A psychosocial task is a challenge or duty related to the interpersonal and societal aspects of an individual's life, typically involving stages of development and emotional growth.

Trust Versus Mistrust

The first psychosocial crisis in Erikson’s theory in which infants must develop a basic sense of trust of the world as a safe place where their basic needs will be met.

Overprotective

A behavioral trait where an individual exhibits excessive concern and control over another's life, often limiting their experience of risk and independence.