9) Suppose we extract an individual at random from a population whose members have an average...
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9) Suppose we extract an individual at random from a population whose members have an average income of $40,000, with a standard deviation of $20,000. What is the probability of extracting an individual whose income is either less than $10,000 or greater than $70,000? 9) Suppose we extract an individual at random from a population whose members have an average income of $40,000, with a standard deviation of $20,000. What is the probability of extracting an individual whose income is either less than $10,000 or greater than $70,000?
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Mean 40000 Standard Deviation 20000 We need to find P10000 X ... View the full answer
Related Book For
Probability and Statistics
ISBN: 978-0321500465
4th edition
Authors: Morris H. DeGroot, Mark J. Schervish
Posted Date:
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