Answer:
The probability that the sample mean is less than $56,000 is 0.0375.
Explanation:
Let <em>X</em> = teacher's salary in Connecticut.
The random variable <em>X</em> follows a Normal distribution with parameters <em>μ</em> = $57,337 and <em>σ</em> = $7,500.
A random sample of <em>n</em> = 100 teacher's salaries are selected.
The sample mean of every sample of 100 salaries will follow a normal distribution with mean <em>μ</em> and standard deviation <em>σ</em>/√n.
Compute the probability that the sample mean of the 100 salaries is less than $56,000 as follows:
*Use a <em>z</em>-table for the probability.
Thus, the probability that the sample mean is less than $56,000 is 0.0375.
Answer: $49,700
Explanation:
Given that,
Purchased new equipment = $42,000
Transportation costs = $3,000
Sales tax paid = $2,400
Installation cost = $2,300
Cost recorded for the equipment = purchased new equipment + Transportation costs + Sales tax paid + Installation cost
= $42,000 + $3,000 + $2,400 + $2,300
= $49,700
Answer: Purchasing a diamond represents <u>Extensive problem solving </u>because consumeres buy diamonds infrequently and have no estabilished criteria for evaluating them
Explanation:
<u>Extensive problem solving is </u>the process of a customer trying to get all the information they need in order to be able to buy a product . This is likely to occur when the customer is purchasing a product that they have not bought before.
Answer:
True
Explanation:
The tragedy at the triangle shirtwaist company includes the death of 146 woman in a fire due to trapped by a locked door which was kept locked to prevent theft.
The labour leaders says the triangle fire is a proof of why labor unions are crucial to maintaining workplace balance in the U.S.
