The mean undergraduate cost for tuition, fees, room, and board for four-year institutions was $26,489 for a
Question:
The mean undergraduate cost for tuition, fees, room, and board for four-year institutions was $26,489 for a recent academic year. Suppose that s
$3204 and that 36 four-year institutions are randomly selected. Find the probability that the sample mean cost for these 36 schools is
a. Less than $25,000 0.0026
b. Greater than $26,000 0.8212
c. Between $24,000 and $26,000
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