Over the Entire Six Years That Students Attend an Ohio

question 102

Multiple Choice

Over the entire six years that students attend an Ohio elementary school, they are absent, on average, 28 days due to influenza. Assume that the standard deviation over this time period is σ = 9 days. Upon graduation from elementary school, a random sample of 36 students is taken and asked how many days of school they missed due to influenza. What is the expected value for the sampling distribution of the number of school days missed due to influenza?

• A) 6
• B) 9
• C) 28
• D) 168

---

Definitions:

Warranty Expense

Costs associated with the obligation to repair or replace defective products sold to customers, recognized as a liability.

Estimated Liability

A probable future outflow of resources, arising from past transactions or events, the amount of which is not certain.

Cash Discounts

A reduction in invoice amount offered by sellers to buyers as an incentive for early payment.

Trade Accounts Payable

Liabilities owed to suppliers for goods and services received that are yet to be paid for by the business.