The Daily Revenue at a University Snack Bar Has Been

Multiple Choice

The daily revenue at a university snack bar has been recorded for the past five years. Records indicate that the mean daily revenue is $3450 and the standard deviation is $300. The distribution
Is skewed to the right due to several high volume days (football game days) . Suppose that 100
Days are randomly selected and the average daily revenue computed. Which of the following
Describes the sampling distribution of the sample mean?

A) normally distributed with a mean of $345 and a standard deviation of $30
B) normally distributed with a mean of $3450 and a standard deviation of $30
C) skewed to the right with a mean of $3450 and a standard deviation of $300
D) normally distributed with a mean of $3450 and a standard deviation of $300