The average yearly Medicare Hospital Insurance benefit per person was $4064 in a recent year. If the

Question:

The average yearly Medicare Hospital Insurance benefit per person was $4064 in a recent year. If the benefits are normally distributed with a standard deviation of $460, find the probability that the mean benefit for a random sample of 20 patients is

a. Less than $3800 

b. More than $4100

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: