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An Accounting Firm Is Planning for the Next Tax Preparation

Question 97

Multiple Choice

An accounting firm is planning for the next tax preparation season. From last year's returns, the firm collects a systematic random sample of 100 filings. The 100 filings showed an average preparation time of 90 minutes with a standard deviation of 140 minutes. What assumptions do you need to make about the shape of the population distribution of all possible tax preparation times to make inferences about the average time to complete a tax form?


A) The population distribution is skewed to the right.
B) The population distribution is skewed to the left.
C) The population distribution is normal.
D) The shape of the population distribution does not matter.

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