An automotive repair shop has determined that the average service time on an automobile is 2 hours with a standard deviation of 32 minutes. A random sample of 64 services is selected.
a.What is the probability that the sample of 64 will have a mean service time greater than 114 minutes?b.Assume the population consists of 400 services. Determine the standard error of the mean.

What will be an ideal response?


?

a.0.5080
b.3.67

Business

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Why are you, as a student, already somewhat of a marketing expert before taking this course? Provide a specific example from your own personal experience and relate it to something you just "formally" learned about marketing.

What will be an ideal response?

Business

In which value creation selling approach do salespeople focus a great deal of attention on customers' needs awareness?

A) transactional selling B) strategic alliance selling C) consultative selling D) new task selling E) system selling

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A) Susan wondered whether she should apply for the job? B) Susan asked whether she should apply for the job? C) Should Susan apply for the job?

Business