A civic organization includes 200 members, who have an average income of $58,000, with a standard deviation

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A civic organization includes 200 members, who have an average income of $58,000, with a standard deviation of $10,000. A simple random sample of n 5 30 members is selected to participate in the annual fund-raising drive.

What is the probability that the average income of the fund-raising group will be at least $60,000?

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Introduction To Business Statistics

ISBN: 9780538452175

7th Edition

Authors: Ronald M. Weiers

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Question Posted: Nov 11, 2024 02:01 AM

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A civic organization includes 200 members, who have an average income of $58,000, with a standard deviation

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Introduction To Business Statistics

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