The mean collection period for accounts receivable at Ephemeral Products The mean collection period.

The mean collection period for accounts receivable at Ephemeral Products
The mean collection period for accounts receivable at Ephemeral Products is 18.5 days with a standard deviation of 4.8 days.

(a) What is the standardized z-score for an account that is paid in 30 days?

(b) Is that account an outlier?

(c) How many days (to the nearest integer) would qualify an account as an outlier?

The mean collection period for accounts receivable at Ephemeral Products

 

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