The average weekly unemployment benefit in Montana is $272. Suppose that the benefits are normally distributed with

Question:

The average weekly unemployment benefit in Montana is $272. Suppose that the benefits are normally distributed with a standard deviation of $43. A random sample of 15 benefits is chosen in Montana. What is the probability that the mean for this sample is greater than the U.S. average, which is $299? Is the normal distribution appropriate here since the sample size is only 15? Explain.

For Exercises assume that the sample is taken from a large population and the correction factor can be ignored.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: