According to a research institution, the average hotel price in a certain year was $97.27. Assume the population standard deviation is $21.00 and that a random sample of 30 hotels was selected. What is the probability that the sample mean will be less than $100? P(x<$100)=?
According to a research institution, the average hotel price in a certain year was $97.27. Assume the population standard deviation is $21.00 and that a random sample of 30 hotels was selected. What is the probability that the sample mean will be less than $100? P(x<$100)=?
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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According to a research institution, the average hotel price in a certain year was $97.27. Assume the population standard deviation is $21.00 and that a random sample of 30 hotels was selected.
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What is the probability that the sample mean will be less than $100?
P(x<$100)=?
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