An accounting ﬁrm is planning for the next tax preparation season. From last year's returns, the ﬁrm
Collects a systematic random sample of 100 ﬁlings. The 100 ﬁlings showed an average preparation
Time of 90 minutes with a standard deviation of 140 minutes.
What is the probability that a sample mean would exceed 90 minutes per ﬁling?
A) 1.0
B) 0.5
C) 1.96
D) Cannot be calculated based on the given information.

Question

Quizplus · Accepted Answer

0.5

An Accounting ﬁRm Is Planning for the Next Tax Preparation