The Dean of Admissions in a Large University Has Determined

question 56

Multiple Choice

The dean of admissions in a large university has determined that the scores of the freshman class in a mathematics test are normally distributed with a mean of 82 and a standard deviation of 8. Based on this information, what is the mean of the sampling distribution of the sample mean if a sample of 64 students is selected at random from the entire freshman class?

• A) between 74 and 90
• B) between 78 and 86
• C) 64
• D) 70
• E) 82

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Definitions:

Shareholders' Equity

The owners' equity in a corporation, calculated as the company's total assets minus its total liabilities.

Corporate Tax Liability

The total amount of taxes owed by a corporation based on its taxable income.

Projected Taxable Income

An estimate of an entity's income for a fiscal period that is subject to income tax.

CCPC

Canadian-Controlled Private Corporation; a designation in Canada for privately owned companies that meet certain criteria for tax purposes.