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

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: