Random samples of size 64 are taken from an infinite population whose mean and standard deviation are 240 and 16, respectively. The distribution of the population is unknown. The mean and the standard error of the mean are
A. 240 and 16.
B. 64 and 16.
C. 8 and 2.
D. 240 and 2.
Answer: D
You might also like to view...
Purchase cutoff procedures should be designed to test whether or not all inventory:
A. owned by the company is in the possession of the company. B. purchased and received before the year-end was recorded before year-end. C. on the year-end balance sheet was carried at lower of cost or market. D. on the year-end balance sheet was paid for by the company.
Giving, receiving, offering or soliciting something of value because of an official act that has been taken is
a. bribery b. a conflict of interest c. an illegal gratuity d. economic extortion
Which of the following is a limitation of the ERP systems?
A. reduction in operating and administrative costs B. creation of functional boundaries causing problems of accountability and confusion about the lines of responsibility C. reduction in production and delivery lead times D. provision of a real-time, enterprise-wide view of the business for faster and more effective decision-making
The Falisari Company collected the following information (in days):Inspecting product4Transporting product14Storing product20Manufacturing product65What is the manufacturing cycle efficiency?
A. 76.5%. B. 82.2%. C. 63.1%. D. 100.0%.