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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Given a population with mean μ=120 and variance σ2 = 81,the central limit applies when the sample size is large-enough.A random sample of size n = 36 is obtained.
-What is the probability that the sample mean is at most 121.5?


Definitions:

Operating Assets

Assets that are used by a company in its daily operations to generate revenue, excluding any investment or non-operational assets.

Net Operating Income

The profit derived from a company's regular business activities, excluding deductions of interest and taxes.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments.

Residual Income

The net income an investment or business venture generates above the minimum rate of return.

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