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Using a college cost estimator, the average of campus rental at Penn State is approximately $547 per month. Suppose these rates are roughly normal with
Using a college cost estimator, the average of campus rental at Penn State is approximately $547 per month. Suppose these rates are roughly normal with a standard deviation of $100.Say you take a random sample of 25 students living off campus.
- (3 points) What would be the mean and standard error for the distribution of the sample mean?
- (3 points)What is the probability that the sample mean would be at least $600?
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