The distribution of the amount of money spent by students on textbooks in a semester is...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The distribution of the amount of money spent by students on textbooks in a semester is approximately normal in shape with a mean of: μ= 394 and a standard deviation of: σ= 20. According to the standard deviation rule, almost 16% of the students spent more than what amount of money on textbooks in a semester? $454 $434 $414 $394 The distribution of the amount of money spent by students on textbooks in a semester is approximately normal in shape with a mean of: μ= 394 and a standard deviation of: σ= 20. According to the standard deviation rule, almost 16% of the students spent more than what amount of money on textbooks in a semester? $454 $434 $414 $394
Expert Answer:
Answer rating: 100% (QA)
4 of money spent by student on text book in a semester XN 10 ... View the full answer
Related Book For
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
Posted Date:
Students also viewed these accounting questions
-
The data show the average amount of money spent by consumers on Valentines Day. Draw a time series graph for the data and comment on the trend. Year 2007 2008 2009 2010 2011 2012 2012 $120 $123 $103...
-
Is the amount of money spent by companies on advertising a function of the total revenue of the company? Shown are revenue and advertising cost data for nine companies published by Advertising Age....
-
Is the amount of money spent by companies on advertising a function of the total sales of the company? Show are sales income and advertising cost data for seven companies published by Advertising...
-
On 13 May 2014, Ruben acquired 400 shares in Xantan Ltd at a cost of 1,800. On 17 July 2020, the company made a 1 for 8 bonus issue and (on the same day) Ruben sold his bonus shares for 7 each....
-
Harold H. Heidingsfelder signed a credit agreement as vice president of J. O. H. Construction Co. for a line of credit with Pelican Plumbing Co. The credit agreement contained the following language:...
-
A sociologist interested in the relationship between social class and amount of reading asked a sample of 105 children from varying socioeconomic backgrounds about the number of books they had read...
-
When $25 of merchandise is returned for a credit on account, what is the amount of the credit to Accounts Receivable, assuming a 6% sales tax rate? (a) $1.50 (c) $26.50 (b) $25.00 (d) $31.00
-
For each of the following subsequent (post-balance-sheet) events, indicate whether a company should (a) Adjust the financial statements, (b) Disclose in notes to the financial statements, or (c)...
-
Luft Watch Company is considering an investment of $20,000, which produces the following inflows: YearCash Flow 1 $11,000 2 10,000 3 5,000 You are going to use the NPV profile to app...
-
"Part 1: The Performance Lawn Equipment database contains data needed to develop a pro forma income statement. Dealers selling PLE products all receive 18% of sales revenue for their part of doing...
-
Hydro Sports budgets overhead cost of $725,000 for the year; of this amount, $464,000 is traceable to the Assembly department and $261,000 is traceable to the Finishing department. The company...
-
After watching the Ted talk by Nadine Burke Harris, identify twoadverse childhood experiences, how they negatively impact mentalhealth and wellness, and two ways to cope with thetype of stress/trauma...
-
Camille Sikorski was divorced in 2018. She currently provides a home for her 15-year-old daughter Kaly. Kaly lived in Camille's home for the entire year, and Camille paid for all the costs of...
-
How has the rapid advancement of technology influenced social behavior and interpersonal relationships? Discuss the potential social consequences of technological integration in everyday life .
-
1 Each year Molly Madison makes and sells 30,000 statues of "The Thinker" for $60/unit. She only has capacity to make 30,000 statues. Unit costs, based on this quantity, is as follows: Direct...
-
Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 10%. a. What is the yield to maturity at a current...
-
what is the relationship between velocity and head for a centrifugal pump
-
6. (Potential Energy and Conservation of Energy) What should be the spring constant k of a spring designed to bring a 1200-kg car to rest from a speed of 95 km/h so that the occupants undergo a...
-
For each of the following, indicate if a discrete or a continuous random variable provides the best definition: a. The number of cars that arrive each day for repair in a two-person repair shop b....
-
A random sample of 12 college baseball players participated in a special weight-training program in an attempt to improve their batting averages. The program lasted for 20 weeks immediately prior to...
-
In a study to estimate the effects of smoking on routine health risk, employees were classified as continuous smokers, recent ex-smokers, long-term ex-smokers, and those who never smoked. Samples of...
-
Briefly describe the balance sheet approach in accounting for income taxes.
-
Differentiate between a temporary difference and a permanent difference.
-
Explain the main overriding reasons why pretax GAAP income and taxable income are often quite different.
Study smarter with the SolutionInn App