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$390 with a standard deviation of $45.83. Suppose you take a randomsample of 49 Foot Locker stores operating last year. There is a 16%probability that the sample mean annual sales per square foot is atmost $______.

a.

435.3717

b.

344.6283

c.

None of the answers is correct

d.

383.5183

e.

396.4817

Answer & Explanation Solved by verified expert
3.8 Ratings (438 Votes)
SolutionGiven thatmean 390standard    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