The amount of money collected by a snack bar at a large univ…

The amount of money collected by a snack bar at a large university has been recorded daily for the past five years. Records indicate that the mean daily amount collected is $1950 and the standard deviation is $500. The distribution is skewed to the right due to several high volume days (including football game days). Suppose that 100 days were randomly selected from the five years and the average amount collected from those days was recorded. Which of the following describes the sampling distribution of the sample mean?

The managers of a corporation were surveyed to determine the…

The managers of a corporation were surveyed to determine the background that leads to a successful manager. Each manager was rated as being either a good, fair, or poor manager by his/her boss. The manager’s educational background was also noted. The data appear below. Given that a manager is only a fair manager, what is the probability that this manager has a college degree?