According to Money, the average U.S. government bond fund earned 3.9% over the 12 months ending in

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According to Money, the average U.S. government bond fund earned 3.9% over the 12 months ending in February 2007. Assume a standard deviation of 0.5%. What is the probability that the average earning in a random sample of 25 bonds exceeded 3.0%?

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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Question Posted: Jun 03, 2015 05:53 AM

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According to Money, the average U.S. government bond fund earned 3.9% over the 12 months ending in

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Complete Business Statistics

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