1. The distribution of hourly rates of registered nurses in a large city has mean of $40...
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Question:
1. The distribution of hourly rates of registered nurses in a large city has mean of $40 and standard deviation of $5.
a) What is the distribution of the sample means, based on a random sample of 100 registered nurses in the city? Give the name of the distribution and its parameters.
b) Find the probability that the average hourly rate of the 100 nurses in the sample exceeds $41.50.
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