Suppose a Population Has a Mean of 870 and a Variance

question 20

Multiple Choice

Suppose a population has a mean of 870 and a variance of 8,100.If a random sample of size 36 is drawn from the population,the probability that the sample mean is between 840 and 900 is _______.

• A) 0.9544
• B) 0.6826
• C) 0.8185
• D) 0.5899
• E) 0.0897

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Definitions:

Noncash Financing

Financing activities that do not involve cash flows, such as issuing stock for assets or converting debt to equity.

Investing Activities

Financial transactions related to the acquisition or sale of long-term assets and investments not related to the entity's primary business operations.

Financing Activities

Transactions and events where cash is raised or paid back to finance the company's operations, including issuing debt, equity, and paying dividends.

Operating Activities

Transactions and other events that are not investing or financing activities which affect the net income of a company.