7.1 Exercise 3

According to the Internal Revenue Service, the average length of time for an individual to complete (keep records for, learn, prepare, copy, assemble, and send) IRS Form 1040 is 10.53 hours (without any attached schedules). The distribution is unknown. Let us assume that the standard deviation is two hours. Suppose we randomly sample 36 taxpayers.

1. In words, Χ = _____________
2. In words, $\overset{–}{X}$ = _____________
3. $\overset{–}{X}$ ~ _____(_____,_____)
4. Would you be surprised if the 36 taxpayers finished their Form 1040s in an average of more than 12 hours? Explain why or why not in complete sentences.
5. Would you be surprised if one taxpayer finished their Form 1040 in more than 12 hours? In a complete sentence, explain why.