Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. foot locker uses sales per square foot as a measur

Foot Locker uses sales per square foot as a measure of store productivity. Last year, the...

80.2K

Verified Solution

Question

Statistics

Foot Locker uses sales per square foot as a measure of storeproductivity. Last year, the mean annual sales per square foot was$410 with a standard deviation of $54.38. Suppose you take a randomsample of 36 Foot Locker stores operating last year. There is a 3%probability that the sample mean annual sales per square foot is atmost $______.

a.

None of the answers is correct

b.

307.7656

c.

512.2344

d.

427.0391

e.

392.9609

Answer & Explanation Solved by verified expert
4.2 Ratings (892 Votes)
Given thatmean    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Calculus
1.2K views

Determine if the specified linear transformation is (a) one-to-one and (b) onto. Justify your answer.T(X?X2...

Finance
1.2K views

You're prepared to make monthly payments of $340, beginning at the end of this month, into...

Accounting
1.2K views

At the beginning of the current season on April 1, the ledger of Granite Hills Pro...

Basic Math
1.2K views

How much would these people have made in interest if the interest rate was 6...

Accounting
1.2K views

Pharoah Company uses a periodic inventory system. For October, when the company sold 730 units,...

Accounting
1.2K views

Mr. Raju just appointed as an account manager at NH Sdn Bhd, a retail company...

Accounting
1.2K views

Explain "nexus" for purposes of state/local and international taxation

Accounting
1.2K views

What is the relationship between the Australian Consumer Law and contract law in Australia? In...

Accounting
1.2K views

Management of a T-shirt manufacturer believes if the company applies lean principles, then cycle efficiency...

Accounting
1.2K views

Based on 2022 tax rules Sophie owns an unincorporated manufacturing business. In 2022, she...

Finance
1.2K views

Suppose an entrepreneur is creating a new firm and has a single project requiring an...

Accounting
1.2K views

On September 1,2015, Barclay Spa borrowed $500,000 to renovate the massage therapy area of the...