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QUESTION 5 appear in various forms such as visa, health insurance, accommodation for the expat and The costly challenges involved in managing expatriates on international assignments can possible family, transportation, living expenses, taxation and so on. Based on the 2020 data obtained from a market research firm, it was determined that the mean and the standard deviation of the expatriation costs for 680 expatriates from publicly listed multinational companies are $58.19 million and $13.86 million, respectively. An analyst randomly chooses 47 expatriation costs for the year 2020.
A) Is it necessary to apply the finite population correction factor? Explain.
B) Is the sampling distribution of the sample mean approximately normally distributed? Explain.
C) Calculate the expected value and the standard error of the sample mean.
D) What is the probability that the sample mean is more than $60 million?
E) What is the probability that the sample mean is between $56 million to $60 million?
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Planet Destroyer Inc., a large natural gas user, and Fracker Inc., a natural gas producer, are both thinking of investing in natural gas production projects
accounting profession and public trustit is obviously in the best interest of the accounting profession to have a
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