A civic organization includes 200 members, who have an average income of $58,000, with a standard deviation of $10,000.
Posted: Wed May 11, 2022 6:33 am
A civic organization includes 200
members, who have an average income of $58,000, with a standard
deviation of $10,000. A simple random sample of n = 30 members is
selected to participate in the annual fund-raising drive.
What is the probability that the
average income of the fund-raising group will be
c. no
more than $58,000?
members, who have an average income of $58,000, with a standard
deviation of $10,000. A simple random sample of n = 30 members is
selected to participate in the annual fund-raising drive.
What is the probability that the
average income of the fund-raising group will be
c. no
more than $58,000?