According to Business Week, profits in the energy sector have been rising, with one company averaging $3.42

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According to Business Week, profits in the energy sector have been rising, with one company averaging $3.42 monthly per share. Assume this is an average from a population with standard deviation of $1.5. If a random sample of 30 months is selected, what is the probability that its average will exceed $4.00?

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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