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CNNBC recently reported that the mean annual cost of auto insurance is 1030 dollars. Assume the standard deviation is 129 dollars. You will use a
CNNBC recently reported that the mean annual cost of auto insurance is 1030 dollars. Assume the standard deviation is 129 dollars. You will use a simple random sample of 70 auto insurance policies. Find the probability that a single randomly selected policy has a mean value between 983.7 and 988.4 dollars. P(983.7 <X< 988.4) = (ANSWER HERE) Find the probability that a random sample of sizen=70has a mean value between 983.7 and 988.4 dollars. P(983.7 <M< 988.4) = (ANSWER HERE) Enter your answers as numbers accurate to 4 decimal places.
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