Question: please explain these, 1) The Dow Jones Industrial Average has had a mean gain of 432 pear year with a standard deviation of 722. A
please explain these,
1) The Dow Jones Industrial Average has had a mean gain of 432 pear year with a standard deviation of 722. A random sample of 40 years is selected. What is the probability that the mean gain for the sample was between 250 and 500?
0.669
0.137
0.331
0.863
2) Of all the companies on the New York Stock Exchange, profits are normally distributed with a mean of $6.54 million and a standard deviation of $10.45 million. In a random sample of 73 companies from the NYSE, what is the probability that the mean profit for the sample was between 0 million and 5.1 million?
0.012
0.105
0.015
0.120
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