You visit an animal shelter and plan to adopt a dog. The employee tells you that...
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You visit an animal shelter and plan to adopt a dog. The employee tells you that the average cost of owning a dog is between $500 and $1200 per year with a standard deviation of $100. You believe that the true average cost of owning a dog is closer to $1250 per year. What is the probability that the average cost of raising a dog will fall within the employee's range? You visit an animal shelter and plan to adopt a dog. The employee tells you that the average cost of owning a dog is between $500 and $1200 per year with a standard deviation of $100. You believe that the true average cost of owning a dog is closer to $1250 per year. What is the probability that the average cost of raising a dog will fall within the employee's range?
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