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The average price of a college math textbook is $153 and the standard deviation is $28. Suppose that 50 textbooks are randomly chosen. Round all
The average price of a college math textbook is $153 and the standard deviation is $28. Suppose that 50 textbooks are randomly chosen. Round all answers to 4 decimal places where possible.
- What is the distribution ofX?X~ N(,)
- For the group of 50, find the probability that the average price is between $148 and $154.
- Find the first quartile for the average textbook price for this sample size. $(round to the nearest cent)
- For part b), is the assumption that the distribution is normal necessary?No Yes
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