Dover Motors is a car dealership that sells new and used cars. Suppose they sold 140 used cars during the most recent quarter. The average selling price was $10,325 with a standard deviation of $2,880
A random sample of 60 used cars from this population was selected. What is the probability that the sample mean exceeds $10,000?A) 0.5987
B) 0.6736
C) 0.8749
D) 0.9115
C
Business
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Fill in the blank(s) with the appropriate word(s).
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Direct competitors have little impact on a new product or service during its introductory phase
Indicate whether the statement is true or false
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