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a $52,500 $10,880 b $52,500 $11,719 c $51,500 $9,642 d $51,500 $9,146 The mean cost of getting a four-year college degree in a certain region
The mean cost of getting a four-year college degree in a certain region of the country is $52,900 with a standard deviation of $8,500. Assume costs are normally distributed. |
In another region 10% of the x values from samples of size n = 25 are under $49,500 and 10% are over $55,500.From this sampling distribution information we can conclude that the population mean cost of a four-year college degree is = _______ and the population standard deviation is = ______. |
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