GreenFacts, a Non-Profit Organization, Reports That the Average Adult in Europe

question 65

Multiple Choice

GreenFacts, a non-profit organization, reports that the average adult in Europe consumed 17 litres of alcohol last year. The standard deviation is 2.1 litres. If we randomly select 42 European adults, what is the probability that the sample mean is more than 17.8 litres?

• A) 0.0068
• B) 0.4873
• C) 0.0058
• D) 0.4863
• E) 0.0680

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Definitions:

Cash Flow

The total amount of money being transferred into and out of a business, primarily affecting the company's liquidity.

Dividends in Arrears

Unpaid dividends on preferred stock, which must be paid out before any dividends can be distributed to common stockholders.

Dividend Declaration

The action by a company's board of directors to set the amount and date of a dividend payment to shareholders.

Noncumulative

Pertaining to dividends or preferred stock where undeclared or unpaid dividends do not accumulate and are not owed in future periods.