CNNBC recently reported that the mean annual cost of auto insurance is 1025 dollars. Assume the standard deviation is 25

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

CNNBC recently reported that the mean annual cost of auto insurance is 1025 dollars. Assume the standard deviation is 25

Post by answerhappygod »

Cnnbc Recently Reported That The Mean Annual Cost Of Auto Insurance Is 1025 Dollars Assume The Standard Deviation Is 25 1
Cnnbc Recently Reported That The Mean Annual Cost Of Auto Insurance Is 1025 Dollars Assume The Standard Deviation Is 25 1 (21.41 KiB) Viewed 8 times
CNNBC recently reported that the mean annual cost of auto insurance is 1025 dollars. Assume the standard deviation is 257 dollars. You take a simple random sample of 59 auto insurance policies. Find the probability that a single randomly selected value is less than 971 dollars. P(x < 971) = Find the probability that a sample of size n = 59 is randomly selected with a mean less than 971 dollars. P(Z < 971) Enter your answers as numbers accurate to 4 decimal places.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply