Question
In 2018 Canadians held an average of $27,053 in their Tax-Free Savings Account (TFSA) with a standard deviation of $3,315. Assume the population data is
In 2018 Canadians held an average of $27,053 in their Tax-Free Savings Account (TFSA) with a standard deviation of $3,315. Assume the population data is normally distributed.
If a sample of 25 Canadians with TFSAs is taken, what is the probability that the average held in their accounts is more than $25,000?
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Introductory Real Analysis
Authors: A N Kolmogorov, S V Fomin, Richard A Silverman
1st Edition
0486134741, 9780486134741
