Let x be a continuous random variable that has a normal distribution with = 48 and

Question:

Let x be a continuous random variable that has a normal with µ = 48 and σ = 8. Assuming n/N < .05, find the probability that the sample mean, , for a random sample of 16 taken from this population will be
a. Between 49.6 and 52.2
b. More than 45.7 Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...