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Salsk061 [2.6K]
2 years ago
7

The WPC Sports Company has noted that the size of individual "customer order" is normally distributed with a mean of $100 and st

andard deviation of $12. If a soccer team of 16 players were to make the next batch of orders, what would be the standard error of the mean?
Business
1 answer:
nikdorinn [45]2 years ago
7 0

Answer:

Standard error of the mean = 3

Explanation:

Given:

Mean Distribution = $100

Standard deviation = $12

Total number of player = 16 player

Standard error of the mean = ?

Computation of standard error of the mean:

Standard error of the mean = Standard deviation / √ Total number of player

Standard error of the mean = 12 / √16

Standard error of the mean = 12 / 4

Standard error of the mean = 3

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Answer:

self-actualization

Explanation:

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<h3>What are NPV and payback period?</h3>

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Answer:

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Salary                                       $100,000                             100%

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Less: Mortgage Payments         (18,000)                              (18%)

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