You may need to use the appropriate appendix table or technology to answer this question, After deducting grants based o

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You May Need To Use The Appropriate Appendix Table Or Technology To Answer This Question After Deducting Grants Based O 1 (17.74 KiB) Viewed 28 times

You may need to use the appropriate appendix table or technology to answer this question, After deducting grants based on need, the average cost to attend the University of Southern California (USC) is $27,175. Assume the population standard deviation is $7,400. Suppose that a random sample of 62 USC students will be taken from this population. (a) What is the value of the standard error of the mean? (Round your answer to the nearest whole number.) $940 (b) What is the probability that the sample mean will be more than $27,175? 0.5 (c) What is the probability that the sample mean will be within $1,000 of the population mean? (Round your answer to four decimal places) 1.0638 (d) What is the probability that the sample mean will be within $1,000 of the population mean of the sample size were increased to 1007 (Round your answer to four decimal places)