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aflb answered Question 14 W ere Question 14 The average production cost for major movies is 58 million dollars and the standard deviation is 21

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aflb answered Question 14

W ere Question 14 The average production cost for major movies is 58 million dollars and the standard deviation is 21 million dollars. Assume the production cost distribution is normal. Suppose that 43 randomly selected major movies are researched. Answer the following questions. Round all answers to 4 decimal places where possible. a. What is the distribution of X? X N( b. What is the distribution of i? N( c. For a single randomly selected movie, find the probability that this movie's production cost is between 52 and 57 million dollars. .d. For the group of 43 movies, find the probability that the average production cost is between 52 and 57 million dollars. e. For part d), is the assumption of normal necessary? O Yeso No

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