Question
CNNBC recently reported that the mean annual cost of auto insurance is 958 dollars. Assume the standard deviation is 150 dollars. You will use
CNNBC recently reported that the mean annual cost of auto insurance is 958 dollars. Assume the standard deviation is 150 dollars. You will use a simple random sample of 83 auto insurance policies. Find the probability that a single randomly selected policy has a mean value between 951.4 and 990.9 dollars. P(951.4 < X < 990.9) - 83 has a mean value between 951.4 and 990.9 Find the probability that a random sample of size n = dollars. P(951.4 < M < 990.9) =
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Essentials Of Statistics For Business And Economics
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
7th Edition
1305081595, 978-1305081598
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