The mean value of land and buildings per acre for farms in Illinois is $6700. A random

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The mean value of land and buildings per acre for farms in Illinois is $6700. A random sample of 36 Illinois farms is selected. What is the probability that the mean value of land and buildings per acre for the sample is

(a) Less than $7200,

(b) More than $6500, and

Assume σ = $1250.

Find the indicated probabilities and interpret the results. If convenient, use technology to find the probabilities.

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Elementary Statistics Picturing The World

ISBN: 9780321911216

6th Edition

Authors: Ron Larson, Betsy Farber

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Question Posted: Nov 24, 2015 06:47 AM

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The mean value of land and buildings per acre for farms in Illinois is $6700. A random

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a Px 7200 Pz 240 09918 b Px 6500 P...View the full answer

Elementary Statistics Picturing The World

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