Briefly describe the central limit theorem


The central limit theorem states that the shape of the distribution of sample averages will follow a normal distribution even if the population distribution is not a normal distribution.

Business

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Franklin Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on August 31, its Cash account shows a debit balance of $13,162. Franklin's August bank statement shows $14,237 on deposit in the bank. Determine the adjusted cash balance using the following information:   Deposit in transit$4,500 Outstanding checks$3,900 Bank service fees, not yet recorded by company$50 The bank collected on a note receivable, not yet recorded by the company$1,725 The adjusted cash balance should be:

A. $10,337 B. $18,737 C. $13,112 D. $14,887 E. $14,837

Business

Compute a 3-period moving average for period 4

Fill in the blank with correct word.

Business

In a service blueprint, the line of visibility separates:

A. Customer actions from backstage contact employee actions B. Onstage contact employee actions from support processes C. Backstage contact employee actions from support processes D. Onstage contact employee actions from backstage contact employee actions E. Customer actions from onstage contact employee actions

Business

Using the spreadsheet below, give the cell address that would have the formula shown.



What will be an ideal response?

Business