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The mean preparation fee H&R Block charged retail customers in 2012 was $183 (The Wall Street Journal, March 7, 2012). Use this price as the
The mean preparation fee H&R Block charged retail customers in 2012 was $183 (The Wall Street Journal, March 7, 2012). Use this price as the population mean and assume the population standard deviation of preparation fees is $50. Use z-table Round your answers to four decimal places. a. What is the probability that the mean price for a sample of 30 H&R Block retail customers is within $8 of the population mean? b. What is the probability that the mean price for a sample of 50 H&R Block retail customers is within $8 of the population mean? c. What is the probability that the mean price for a sample of 100 H&R Block retail customers is within S8 of the population mean? d. Which, if any, of the sample sizes in parts (a), (b), and (c) would you recommend to have at least a .95 probability that the sample mean is within $8 of the population mean? Select your
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