Jerry has taken a random sample of students and determined the number of electives that each student in his sample took last year. there were 19 students in the sample. here is the data on the number of electives the 19 students took: 6, 6, 8, 7, 7, 7, 8, 9, 10, 8, 7, 6, 9, 6, 8, 7, 9, 7, 10. the mean of this sample data is 7.63. what would the mean be for a different random sample of 19 students from the same population?
a. the second mean would be the same as the first mean.
b. the second mean would be higher than the first mean, but within 1 standard deviation.
c. the second mean would be lower than the first mean, but within 1 standard deviation.
d. there is insufficient data to predict the mean for the second sample.

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below. a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample. assume=0.05. what are the null and alternative hypotheses? choose the correct answer below. b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.