A Population Has a Standard Deviation of 16

question 33

Multiple Choice

A population has a standard deviation of 16.If a sample of size 64 is selected from this population,what is the probability that the sample mean will be within
2 of the population mean?

• A)0.6826
• B)0.3413
• C)-0.6826
• D)Since the mean is not given,there is no answer to this question.

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Definitions:

Operating Activities

Business activities related to the day-to-day operations that generate revenue, such as sales and purchasing of inventory.

Indirect Method

In accounting, a method used to calculate cash flows from operating activities by starting with net income and adjusting for non-cash transactions.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use.

Cash Dividends

The distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in the form of cash.