Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in 2009. Suppose
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Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in 2009. Suppose a sample of 100 major league players was taken. Find the approximate probability that the mean salary of the 100 players exceeded $3.5 million.
Related Book For
Introduction to Corporate Finance
ISBN: 978-0324657937
2nd edition
Authors: Scott B. Smart, William L Megginson
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