ment: Chapter 7 Assignment (custom) Assignment Score: 0.00% Save Submit Assignment for Grading ons Exercise 07:22 Algo (Sampling Distribution of x) Question 5 of 10 The Wall Street Journal reported that 33% of taxpayers with adjusted gross incomes between $30,000 and $60,000 itemized deductions on their federal income tax return. The mean amount of deductions for this population of taxpayers was $15,547. Assume that the standard deviation is o = $2804. Use 2-table. a. What is the probability that a sample of taxpayers from this income group who have itemized deductions will show a sample mean within $215 of the population mean for each of the following sample sizes: 30, 50, 100, and 400Round your answers to four decimals. = 30 N=50 100 o T400 b. What is the advantage of a larger sample size when attempting to estimate the population mean? Round your answers to four decimals. A larger sample - Select your answer the probability that the sample mean will be within a specified distance of the population mean. In this instance, the probability of being within 215 of a ranges from for a sample of size 30 to for a sample of size 400 0-Icon g ment: Chapter 7 Assignment (custom) Assignment Score: 0.00% Save Submit Assignment for Grading ons Exercise 07:22 Algo (Sampling Distribution of x) Question 5 of 10 The Wall Street Journal reported that 33% of taxpayers with adjusted gross incomes between $30,000 and $60,000 itemized deductions on their federal income tax return. The mean amount of deductions for this population of taxpayers was $15,547. Assume that the standard deviation is o = $2804. Use 2-table. a. What is the probability that a sample of taxpayers from this income group who have itemized deductions will show a sample mean within $215 of the population mean for each of the following sample sizes: 30, 50, 100, and 400Round your answers to four decimals. = 30 N=50 100 o T400 b. What is the advantage of a larger sample size when attempting to estimate the population mean? Round your answers to four decimals. A larger sample - Select your answer the probability that the sample mean will be within a specified distance of the population mean. In this instance, the probability of being within 215 of a ranges from for a sample of size 30 to for a sample of size 400 0-Icon g