One year, the distribution of salaries for professional sports players had mean $1.6 million and standard deviation $0.8 million. Suppose a sample of 400 major league players was taken. Find the approximate probability that the average salary of the 400 players that year exceeded $1.1 million

A) .7357 B) .2357 C) approximately 1 D) approximately 0

C

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The net present value:

A. decreases as the required rate of return increases. B. is equal to the initial investment when the internal rate of return is equal to the required return. C. method of analysis cannot be applied to mutually exclusive projects. D. is directly related to the discount rate. E. is unaffected by the timing of an investment's cash flows.

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A(n) ________ refers to a written document signed by a shareholder that authorizes another person to vote the shareholder's shares

A) deputation B) proxy C) easement D) title

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