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James Furniture Company sells a variety of handmade, painted desks. In a recent

ID: 2447163 • Letter: J

Question

James Furniture Company sells a variety of handmade, painted desks. In a recent budget performance report, there was an overall variance related to paint. All of the following may help explain that variance except:

Paint was purchased from a different supplier than the one normally used.

A. Several gallons of paint were stolen from the supply room.

B. Several gallons of paint were accidentally left open and became unusable.

C. Employees applied more coats of paint than necessary.

D. All of the above could help explain the variance

Explanation / Answer

When all possible samples of size n are drawn from any population, then the sampling distribution of the sample mean is approximately normal provided that n is reasonably large.

            ANSWER:     T