In a given year, the average annual salary of a NFL football player was $189,000 with a standard deviation of $20,500 . If a sample of 50 players was taken, then probability that the sample mean will be $192,000 or more is:
a. 0.6970.
b. 0.3485.
c. 0.1515.
d. 0.0398.
e. 0.4602.
C
You might also like to view...
Customer profitability analysis (CPA) is best conducted with the tools of an accounting technique called ________
A) input-output analysis B) factor analysis C) revenue-based costing D) activity-based costing E) future date costing
Use of a moderator's outline reduces some of the validity problems inherent in focus groups, such as those caused by different moderators not covering the same content areas in comparable ways
Indicate whether the statement is true or false
In Chapter 11's opening scenario on Groupon, the key lesson is that ________
A) CEOs can fire back at employers when they are fired B) employees should not trust Internet-based organizations. C) social media has brought a brutal new honesty to employee relations D) positive management leads to better employee retention
Which of the following is a true statement regarding owners’ equity?
a. APB Statement 4 and SFAC No. 6 both reflect the entity view of the firm. b. Owners’ equity consists of only two components: contributed capital and retained earnings. c. In a sole proprietorship, there is no legal distinction between contributed capital and earned capital. d. Dividends are legally paid only out of retained earnings.