Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in a certain year in the

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Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in a certain year in the

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Major League Baseball Salaries Averaged 3 26 Million With A Standard Deviation Of 1 2 Million In A Certain Year In The 1
Major League Baseball Salaries Averaged 3 26 Million With A Standard Deviation Of 1 2 Million In A Certain Year In The 1 (96.93 KiB) Viewed 34 times
Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in a certain year in the past. Suppose a sample of 100 major league players was taken. Find the following: a) What was the standard error for the sample mean salary? || million b) What is the probability that the mean salary of the sample exceeded $3.5 million? c) What is the probability that the mean salary of the sample exceeded $4.0 million ? d) What is the probability that the mean salary of the sample was no more than $3.0 million? e) What is the probability that the mean salary of the sample was more than 2.5 million?
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