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The average yearly Medicare hospital insurance benefit per person was $4064 in a recent year. Suppose the benefits are normally distributed with a standard deviation
The average yearly Medicare hospital insurance benefit per person was $4064 in a recent year. Suppose the benefits are normally distributed with a standard deviation of $460. Round the final answer is to at least four decimal places in the intermediate Z value calculations to two decimal places.
find the probability that the main benefit for a random sample of 28 patients is less than $3880
find the probability that the main benefit for a random sample of 28 patients is more than
$4260
.
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