Question
Suppose that the average amount of money students at Bellevue University spend on gas monthly is $32.50 per month with a standard deviation of $4.64
Suppose that the average amount of money students at Bellevue University spend on gas monthly is $32.50 per month with a standard deviation of $4.64 per month. If I take a sample of 52 BU students, what is the probability that the mean amount of their monthly gas spending is greater than $36.00?
Explain in words how you used Excel to find both the z-score and probability (or show the formulas), then attach a screen shot of the output in Excel.
For your second post, find theprobability that the mean amount of their monthly phone bill differs from the expected mean by less than $2.00, again showing your output and explaining your solution.
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