my question is d) (c) If a member of the sales force submits an entertainment expense (dinner cost for four) of $390, should this expense be consideredunusually high (and possibly worthy of investigation by the company)? Explain your answer.O NoO Yes(d) Compute and interpret the z-score for each of the six entertainment expenses. (Round z-score calculations to 2 decimal places.Negative amounts should be indicated by a minus sign.)z315z374z35923112376z371 In order to control costs, a company wishes to study the amount of money its sales force spends entertaining clients. The following is arandom sample of six entertainment expenses (dinner costs for four people) from expense reports submitted by members of the salesforce.$ 315$ 374$ 359$ 311$ 376$ 371(a) Calculate X,s, and s for the expense data. (Round "Mean" and "Variances" to 2 decimal places and "Standard Deviation" to 3decimal places.)x-bar351.00s^2902.8030.047(b) Assuming that the distribution of entertainment expenses is approximately normally distributed,fcalculate estimates of toleranceintervals containing 68.26 percent, 95.44 percent, and 99.73 percent of all entertainment expenses by the sales force. (Roundintermediate calculations and final answers to 2 decimals.)x-bar t s]x-bar ± 2s][x-bar + 3s]一320.95381.05290.91411.09260.86441.14

Name: my question is d) (c) If a member of the sales force submits an entert
Uploaded: 2024-03-05T11:52:21.000Z
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Description: my question is d) (c) If a member of the sales force submits an entertainment expense (dinner cost for four) of $390, should this expense be consideredunusually high (and possibly worthy of investigation by the company)? Explain your answer.O NoO Yes