CNNBC recently reported that the mean annual cost of auto insurance is 1009 dollars. Assume the standard
Fantastic news! We've Found the answer you've been seeking!
Question:
CNNBC recently reported that the mean annual cost of auto insurance is 1009 dollars. Assume the standard deviation is 265 dollars. You take a simple random sample of 59 auto insurance policies. Find the probability that a single randomly selected value is less than 975 dollars. P(x<975)=(<975)= Find the probability that a sample of sizen=59=59is randomly selected with a mean less than 975 dollars. P(x<975)=(<975)= Enter your answers as numbers accurate to 4 decimal places.
Related Book For
Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Posted Date: