An Accounting Firm Is Planning for the Next Tax Preparation

question 15

Multiple Choice

An accounting firm is planning for the next tax preparation season. From last year's returns, the firm collects a systematic random sample of 100 filings. The 100 filings showed an average preparation time of 90 minutes with a standard deviation of 140 minutes. What is the probability that a sample mean would exceed 90 minutes per filing?

• A) 1.0
• B) 0.5
• C) 1.96
• D) Cannot be calculated based on the given information.

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A company that offers goods or services in real-time or on request, typically through a digital platform.

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A technology that creates a safe and encrypted connection over a less secure network, such as the internet.

Wide Area Network

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